This is my read... and let me confess I'm Murky.... I'd say we need to retest the green upper resistance.... And yet, it's time for a Character swing in the market..... and since we were down and now up..... maybe we move sideways....
The banks and Real Estate are strong this morning....... but what we now have is a momentum high...
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 4, 2009
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