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"

Thursday, May 14, 2009

More "No Joy"


So... here we are... never did hit that 87... but we do have that downswing. We certainly.... Can go buy the dip again... and make another run...

What I liked about the 930 high was that nobody was looking for it.... Everybody was talking 940-950...1000...

but here we are on the possible swing.... and there is potential for another high...
So... what to do?

Get out of the way and let it decide... Then move in....

So... Friday will be a good day to get caught in... One trap or another.....

this is what I hate about posting trades.... then I have to talk about them... and how to play them..

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