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, August 12, 2009

XLF!!!

2 comments:

Tony said...

On my EWT analysis I see wave 3 downward wave ending at 14.15 (Push #2 of the 3-push down), which should be the height of Wave C assuming we are completing an ABC "correction"... I said 14.21 for wiggle room and that's a recent day high. If this goes above 14.30, the thesis is off. IMO.

Tony said...

Fucking Punter Alert:

http://starwealth.blogspot.com/2009/08/xlf-downward-motive-on-elliot-wave.html

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