SPDR S&P 500 (SPY): Yes Foot, a few things are bearish. I c...

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Re: Footquarters post# 22389

Tuesday, 08/14/2007 4:58:44 PM

Tuesday, August 14, 2007 4:58:44 PM

Yes Foot, a few things are bearish. I compared the price action on Thurs. and Tue before OpExp, now Aug 9 and 14. Because of "compensatory engineering" they usually display opposite tendencies. But not now, not only they go in the same dir. but today shows : lower opening, lower high, lower close, and lower low. And they both close at the low of the day!! It is obvious how to interpret that.

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