I've decided to type out some "Should I go All in advice"
I read the mamis letter this morning, and there was a nice note about the potential for an entry in the "Higher low" range.
We hit the 81 resistance and you can't deny the possibility of a Head pop/ Bull Trap above the 50dma
There is also the 1975 scenario where we grind higher for the next year.
Managing the risk from these scenarios is the key
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, March 18, 2009
GYOFB
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment