SPDR S&P 500 (SPY): Oh yeah, here are the technicals as I am...

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Re: gdl post# 159549

Friday, 10/02/2015 1:17:45 AM

Friday, October 02, 2015 1:17:45 AM

Oh yeah, here are the technicals as I am a technical trader. 7 year trend line broken. Stock market rising 7 years straight with no pullback. I traded promos for a long time. If you take the chart of a promo and compare it to the past 7 years, it's obvious what is happening the next year. Promoters and insiders are cashing out on the backs of retail investors (the sheep) and shorting too on the way down to maximize profits. If you can see this as a technical trader, you need to stop trading and play roulette instead.

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