SPDR S&P 500 (SPY)

[MetalFillBoy]

RE: Foot: Mike Burk.

Thanks for the link and the cycle report.

I actually will agree with his outlook for next Friday being lower than last Friday. I think the NDX will contain itself in the rising channel. However, if the SPX has a pull back, it could pull back below the break out level. Then we would have a false break out, and that would not be good, now would it? :o)

OT: Just finished watching "Happy Feet". It is like a mix of the musical "The Sound of Music" and "An Inconvenient Truth". What a waste of a rental!