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, March 19, 2010

Summary

It's morning, I just need to clarify.


I believe the downswing on the daily chart, has started. Remember, there is always another day to sell it in the downswing.
5
"Are we going to crash" "Are the highs in for the year?"

These are things I don't know.....

What I "Think" and don't know, is that the downswing has started.

But we have yet to see a completed upswing on the 65 minute bars.

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