we arn't through.... I just can't imagine that anyone is willing to play this for a bounce... but I do imagine there are people waiting for the bounce...
if it breaks.. we may see it do a trap as "Everyone"Chases is.
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, May 15, 2009
figured I'd show this.
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4 comments:
I hate questions like this, but I'll ask it anyway.
What do we see first 90 or 87?
My vote is ______
looks descending at best, and that target is 86.
but it now looks like we could have a bounce..
there is also all the possible shortcovering into the close
Yeah, I always forget to factor in the shorts and daytraders... but the bounce shouldn't be more than a buck and then continued sell off Monday or Tuesday.
87 by Tues am.
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