We have liked MS for quite some time, particularly earlier this year when the stock hit the line connecting the lows over the past 5 years. We are now up about $6 from those levels (+- 50%) . If this is an A-B-C from 2007 on, see previous blogs as that is not necessarily the case, then we should still get a new low which, in turn, would imply that we are in a 4th wave, probable a triangle as these structures normally break the trend lines. A d and e seem to still be required so it may take a little time but the stock probable will not go much higher. We would sell here.