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

"Sell down to your sleeping point"

Wednesday, March 18, 2009

GYOFB

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

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