... For those who don't know it, I don't sleep well. The pot or 2 of coffee I drink every day doesn't help. as the market caught a bid yesterday as I expected, I took a long nap. Only having had half a pot of coffee yesterday. after a nap, closing my book. Then I took a long walk had dinner and went to bed. But I completely crashed at like 8pm.
What a Classic chart pattern... nice basing move, followed by a very nice aversion phase. CLASSIC. Nice 400 pt range yesterday... If I didn't know better One could have suggested this was a Topping pattern. But since we haven't seen a nice consolidation/accumulation In a million years... hard to recognize it.
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
Thursday, March 26, 2009
You're going to hate this post
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