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Thursday, July 23, 2015 8:21:46 AM
SPX verses SPY: I think the bottom call date will be Aug 12-13. For the bottom price, I have some problems with comparing SPY and SPX as there are substantial divergences in the price. Notice current price is fairly close less a digit, however the Dec low was substantially different, maybe dividend payouts to explain? I'm looking for price to take out the Dec low by a small amount, however the two are 20 points different at current levels. I'll post some other indices for reference when we get closer.
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