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, October 13, 2009

if you want a rule of thumb

which may or may not work.... the first lower low... is followed by a higher high, which ends up as a "top".. but it's hard to fade the terranova super spike sentiment.... as a top...

but ...sort of an intraday double top 3 weeks ago. then a weekly double top... made of some intraday double top.

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