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"

Tuesday, September 29, 2009

When Last We Checked in with our Super Hero's...

I put in some wave 1-2-3 action to make tony feel better. It's still funny, since I don't Really Buy into EWT, except that it is a good way to talk about momentum. And as a predictive tool, I can talk possible wave patterns for hours, and make the market do just about anything.

But with our new sort of upswing, possibly starting yesterday.We can also look at what I talked about last week.
The Wave 4 or the wave 4.. Which could have just ended, and we can move up and make a new high as a wave 5.
But as I look at it, it's kind of an odd wave 4.

1 comment:

Tony said...

Thanks. Looks similar to mine... target on Wave 5 = "no higher than 110.5" You can read my appraisal on your own.

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