are there a ton of traders on the breakout... just to be pushed into "Hope or Puke mode" on the morrow.
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
Wednesday, December 9, 2009
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and the second question is:
Is it trade-able?
It seems that a break below 109.87 is a decent short entry, with a target of 108.8 or lower.
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