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"

Friday, May 29, 2009

trade of last resort

I talked about the sort of breakout move on the trendlines..... But... as we have learned sometimes the "Breakout" is the trade of last resort. and is sort of a fakeout... and happens on the trendlines as well as it works for the 2 Dimentional brains.

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