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, November 23, 2009

1 hour overbought oversold market continues

That is a charmer isn't it.....

4 comments:

Tony said...

I'm short here. SPY target is above 9:55 bar low (111.19) or the 20-ema whichever comes first. Buy-stop is 111.63.

Tony said...

My Michael Jordan pic isn't working, btw. lol.

Eric said...

Sure it is, it's been driving up the market ever since...

ya we have had 2 pullbacks... but still, new high.

isn't that what you wanted.

Eric said...

ya... I think you are right, it's pull back here or we will make new highs... soon.

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