we broke the Head and shoulders.... I'm not sure if it is because of the reduced volatility, or just because ..... something else.
Still there are the Idiots that say "Range bound" or "going to make a new high"....
Then everyone and their dog throwing out the TA of the Head and Shoulders.
It makes me wonder how all of you can be wrong, Cause half of you are just regurgitating what the great Technician "Birtha CNBC Cooms" stated a week ago.
I'd like to see another leg down, then a nice Flag.
but now that there is a "Breakdown" Seems like maybe everyone is going to "Just wait" till it hits the target.... and that isn't a good bearish sign.
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
Tuesday, July 7, 2009
again with the recap
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