SPDR S&P 500 (SPY): Hi Foot: Watch XBD and GS. GS is the...

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Re: Footquarters post# 29783

Saturday, 11/03/2007 6:56:26 PM

Saturday, November 03, 2007 6:56:26 PM

Hi Foot:

Watch XBD and GS. GS is the key to the market. I am suspecting that it maybe doing ABC down as well, if it gets into trouble like C and MER. They may have more down.

My gut feel says that the rotation into financials may not come true, more a smoke screen for the MM's to dump unwanted stocks to us, based on the damage we have seen.

Also, parabolic moves in BIDU GOOG AAPL RIMM maybe coming to a close soon based on my log analysis.

Regards,

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