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
Thursday, December 10, 2009
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4 comments:
The latest push below the 20-ema is on lower ADX. This one could grail fail.... developing....
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?
BINGO on the grail fail, btw.
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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