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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Wednesday, April 13, 2011

JPM - humble target: low teens

earlier around market open cnbc reported so called financials leader, "good" earning results, JPM already in the red. its gap up open got sold heavily into.
JPM got rejected at the decade long term trend line. if code blue plays out, my target for JPM is at the low teens of the LT trend channel.