SPDR S&P 500 (SPY): Before this week, the word "October" sto...

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Re: imiloa post# 185508

Thursday, 02/18/2016 9:54:50 AM

Thursday, February 18, 2016 9:54:50 AM

Before this week, the word "October" stood on it's own and was a mystery. Now we can explain October. October = Government intervention to prop up the market = SPY can stay overbought much longer than it should be able to. This week counts as October 2.0, the second time the government scooped SPY off 180's and propped it up.

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