

this is a "developing" topping pattern in the vix.
both daily and intraday.
some of the bigger more stable banks are starting to "Base".
besides europe headline risk is still high, but there now isn't a bull to be found... after the "NFP" rally failed, we hit some solid "give up".....
Pluss or minus we are there or will get there on monday. everybody is talking about the financials all at 1. everybody is going out of buisness....
this just seems like the deep green bad mojo.... which has struck the hearts of investers.
seems like they may be "Accepting their doom" IE ACCEPTANCE
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 6, 2009
so
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