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"

Monday, October 12, 2009

they say

it's impossible to fight the tape.... starts sounding like some of my key phrases....

The red EMA is the 100 on the 1 minute... which is the 20 on the 5min...

I'm looking at the dollar.... and I'd like to see some exhaustion in the dollar weakness before I get too carried away... bu t in this position we are curious about the Inverse Holy Grail Fail!

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