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"

Wednesday, July 15, 2009

weeeeeee

1 comment:

Tony said...

A nice trend day and I missed it... had to work.

Good call on the SPY at 92.14. I was reading trade set-ups and that was a classic Holy Grail (from T.Lo's reference of Linda Raschke) with SPY hitting the 20-bar exp MA on higher volatility. I realize you are using trend lines, but I thought I'd point it out (for intellectual purposes.)

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