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"

Wednesday, December 9, 2009

how can it happen!

How is it that we can sell off... Everything is fine right?

*wink wink nod nod*


Tony said...

I have a near term target of 108.8. Any thoughts?

Eric said...

didn't we already hit that or near!

let me think about it.

I'm doing a bad job of watching the TV people.

are they still complacent?

Think maybe that is 5 waves of a larger move... maybe wave 1 of a larger move.

Tony said...

We could be still in wave 3 from last friday. Sure, maybe there's a larger wave I don't see.

The blogpost shows that Wolfe wave confirms the near-term target.

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"