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"

Thursday, July 16, 2009

breakout

so.... the thing you never hear on cnbc would be this brekout point and how important it is to hold it. Normaly one would look for a Head and shoulders top out of a Trade of last resort.

but the top nobody is ready for Might be.... between the breakout and the old high.

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