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"

Friday, January 15, 2010

The top we are all ready for

Tony and I spoke in PtP Email. My comments on the DSI(tm), my sentiment indicator. I have many people ready for a top right here. There is always the chance that the top callers will be right.

When I look at the Pure Technicals, we seem ready for one. I talked about a Mid Month Top in Jan last month.

but I liked the idea of a Top last Monday, or I could buy one yesterday(I know I wasn't ready for one). I wouldn't be surprised if the market sells off this morning then snaps back... if you want a prediction.

All I'm saying is "They are Ready for it", But it is still possible.

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