So.... I'm still unsure... the red line we broke there is sort of my first sell signal, on my sell setup...
but I'm not going to be suprised by a bump and run into a new high... Which I would call an intermediate "Top"
I think my question is, where is the stregnth going to come from... dollar isn't weak... though the commodities are trying to bounce.
On fast money... everybody was bullish.... though with the pull back... it felt like we had some bears return... I'm not sure if that is a good sign...
so... enough of my bullshit hedging...
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
umnn how about a chart
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