SPDR S&P 500 (SPY): Hi, BE I've found that on days like thi...

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Re: be post# 10973

Wednesday, 03/28/2007 12:33:01 PM

Wednesday, March 28, 2007 12:33:01 PM

Hi, BE
I've found that on days like this with Uncle Ben talking You can have 3 things once the market gets going. An action 3/7 xover to go long, then you have a reaction 3/7 xover to go short, then you get a action 3/7 xover to go long & thats the baby you take. That all happened by around 10:50 & thats when I went long.
The post was sent so late because as I was typing it out I noticed something on my other computer & went to it & forgot about the post. Anyway just something else to watch for on announcement days. So far its worked out pretty good, notice the markets come back about 1/2 of what it was down.
Dan

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