the banks are handeling fine, about how I expected... but her is the spy, and Well.. I think with the gap down it put the bears on the attack. One can suggest that they seem to have the advantage, and this chart looks like distribution on this pull back ..
but we could have just started some sense of accumulation. but the continued weaknesss is surprising me...
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
Friday, March 27, 2009
SO morning observation
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