well everything is trying to roll on me...
Umn.... after the sell off yesterday the xlf is trading up a bit this morning.
XLE trading down...
So... if materials have cracked, then usually oil follows...
but usually the stocks fall first then the commodities..
this yellow bear flag is what I'm looking at...
Unless it breaks down.
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
Thursday, June 18, 2009
Morning
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