For those of you who aren't asking... is
Right...... the "Top Calling" stopped.... Which gave us a good Top....
But we have so many people who "See the Wedge"... No comment on the Wedge... Like I say, I'm not commenting on the Fundies, or technicals, but what I'm pointing out is the Lemming like Notice of the pattern.... BTW... I"m surprised it wasn't on Cluster stock
No matter what one has to game out all this "Most looked for Bottom, and Most seen Wedge.", This is the most seen pattern since the Jan-Mar Pennant. from last year..... Which I want to point out, Broke down, and yet.... Was of limited use Technically.... point was "Take Profits Early", and Eye on the ball for the Reversal.
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, April 23, 2009
My number One stress in the market
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