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

the question is

are there a ton of traders on the breakout... just to be pushed into "Hope or Puke mode" on the morrow.

1 comment:

Tony said...

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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