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"

Thursday, December 10, 2009

buying the 20

they picked it up today

4 comments:

Tony said...

The latest push below the 20-ema is on lower ADX. This one could grail fail.... developing....

Tony said...

eurusd and spy are noncorrelated today. I wonder if this trend will continue, or if the dollar strength will have a delayed reaction in the stock market?

Tony said...

BINGO on the grail fail, btw.

Eric said...

It's just the MEME is failing..

More "It's Decoupled? What had it Decoupled from Reality?"

or it's been massively decoupled from reality and things are about to Normalize.

The Risk on Risk off.. trade is about to fail.

or not

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