Everything is impermanent

This is just a diary of my market views and not recommendation to buy or sell anything I mention here.

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Monday, June 22, 2009

xlf - its payback time

In log (it shows support trend line is broken)

In non-log, we are still above the support line. Which one is correct?

Posted by Deej at 12:46 PM

Labels: xlf

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Favorite Quote

“I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion.”

- Jesse Livermore

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