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"

Thursday, April 29, 2010

The swing

We are watching this upswing for a failure. A move below the afternoon low, with no new high, would probably end the swing. Futures are down 2... that seems close.

If futures are negative, I'd suspect a gap fade in the morning. "Then we See".... See if it can make a new 2 day high. or fail.

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New Economic Indicators and Releases

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