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, December 21, 2009

doing wave counts

1-2-3-4-5-A-B-C....


when in doubt... Waist your time doing wave counts... LOL

1 comment:

Tony said...

Geez, right back to the top of the pennant (triangle)... now who ever would have thought that would happen?

Now the question is whether this will swing back down (for an a-b-c-d-e-f-g) or break out for new bullish Wave 1...

If it breaks out on these low volumes, I'll still wait for the first mini-pullback to go long.

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