I have such a bad read on this pattern.... seems like we are getting that secondary high, Just in time for the 11am sell.
Who knows where the correction will go but....
I just have such a terrible read on this pattern... It feels like a Bull flag. and now a sort of "double top."..
maybe after the Up and down beating from the market.... I'm just lacking confidence, and expect the range bound to continue, instead of a resolution to the range.
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 29, 2009
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