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"

Monday, April 13, 2009

I saw this Wedge, wanted to point it out.

We have a problem, First With the vacation week we can't confirm volume for this Red Wedge.
Also this has yet to resolve, But let us also point out that the upside target is at our 88 spy range. Which is the Third Technical that resolves in that range.

The Wedge has yet to resolve, which does seem to want to resolve this week But the Rough target of the wedge is 76-78

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