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, March 10, 2010

One issue


is there is a 5 pt difference on the Breakout on the SPX vs the SPY


Tony pointed out how sure they are, about the breakout... it's not the worst setup for a Double top... but with a big enough purple crayon, it's hard to trade that kind of pain.

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