SPDR S&P 500 (SPY): Yeah... I agree we're pretty much in neu...

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learningboutinv

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learningboutinv

Re: Nirvana post# 25244

Thursday, 09/13/2007 3:42:40 PM

Thursday, September 13, 2007 3:42:40 PM

Yeah... I agree we're pretty much in neutral territory right now. A break of recent highs, spx 1496 and ndx 2031 will mean a new yearly high. I'm trying to tune out all the FA stuff. If I listened to all the doom and gloom with the Financial crisis I wouldn't have pulled the trigger and gone long on the reversal during August 16.

I'm still thinking they will try for 1496 and 2031 before the FOMC announcement.

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