SPDR S&P 500 (SPY): koepkesd... As this pattern belongs t...

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Re: koepkesd post# 21511

Tuesday, 08/07/2007 4:13:01 PM

Tuesday, August 07, 2007 4:13:01 PM

koepkesd...

As this pattern belongs to scamman, he should be the one to have the final word. In the mean time, I'll call it like I see it.

By 2:36, we had a spike down. Then a reversal to up, topping out at 3:35. The market rose up to 1488, the area Footquarters identified as rejection area. We then reversed to negative, negating a 122 point gain in the Dow.

This gives us down-up-down.

By scamman's rules, tomorrow is up.

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