SPDR S&P 500 (SPY): Gleno, I see a lot of short signals on m...

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Friday, 05/04/2007 3:03:14 PM

Friday, May 04, 2007 3:03:14 PM

Gleno, I see a lot of short signals on my hourly and daily charts, which would indicate we're close to a sell-off. Yet the trinq and other factors indicate no one is willing to sell...yet. I keep asking myself, what event would precipitate a sell-off? My guru has everything on a buy. Of course, he's been talking about "potential sell-offs" and "internal market weaknesses" for a week now? Any thoughts? Two

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