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, June 26, 2009

I don't know why I just pulled that chart

So far... we have a little pause....

I was looking at the mechanicals... and these are the levels to watch...

mechanicly this fucker is a buy....

you get one sell at 90.80 and the other at 90.20.

this sort of thing would indicate some kind of "Churn".... the 92 level gives Yet another buy... but with as many buys as there are... wtf does one more mean....

so even with a correction on monday and tuesday..... it could still hold an uptrend....

but a nice down bar today... could suggest "Range bound Action"

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