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.
Friday, October 30, 2009
Second time at the 50EMA
the Generic model is for a bounce then we come back at it and go through.
the Generic model is for a bounce then we come back at it and go through.
Generic model is for it to bounce how high?
ReplyDeleteTo the green trend line?
So, maybe get some long hedges here...
hard to guess 50 or 100 dow pts...
ReplyDeletethere isn't a bad reason to "Take a little" -short wise.
off the table. Just in case things go all fucked up. you can still say "you made money" even if the rest of your bet's go flat.
but it looks like the pull back and the dollar and the vix are about to go "Wave 3"