SPDR S&P 500 (SPY): No. It won't. Next Down line comes in...

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Re: NetNeutral post# 200747

Friday, 05/20/2016 10:22:02 AM

Friday, May 20, 2016 10:22:02 AM

No. It won't. Next Down line comes in a bit lower. Here's my chart.

https://dwq4do82y8xi7.cloudfront.net/x/wQ3qaaIZ/

IF S&P gets over 2064 on Monday, I might not go short, but I won't go long until the PE is under 18. That could be months, years, or even decades from now.

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