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"

Tuesday, May 5, 2009

Tony's double top

Tony was talking divergence on the xlf....

it's stupid but the market will leg up or down... but as a double top that is the target...

I had an upside target too....

1 comment:

Tony said...

I like that number. My chart says 11.12 by Friday. WFC at 21.50

Caveat: my read on banks is terrible. I'm more confident saying BG will be 48 by Thursday.

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