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"

Friday, October 2, 2009

hard read

we hit the 50dma, we are on that trend from the other swing lows.By wave counts, it sort of confirms my Monday Tradable low, short term, Then we bounce and who knows.

I want to note that Melissa lee, said this morning "Oh! we have seen this, we gap lower and then rebound the rest of the day"

but one can also.... Who the hell knows!! I guess I'll be curious how it trades and if there was just hot money put in this morning, and it will just as quickly get pulled out.

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