SPDR S&P 500 (SPY)

[Neutral Man]

AprOE Play-Book (more like DUP da-Boyz Book), for star-date 11-04-2008!?

Oh Boyz... Not the Go Up to Go Down thingy, well, AGAIN!?

It all makes sense now, da-Boyz NEW GE would disappoint and they swept for Short Stops yesterday and we'll be heading back down to the R3, 44.71, and maybe even re-test the weekly low at 44.63?

Obviously they know the importance of HOLDING the 44.63 weekly low and therefore they had to take prices UP to allow for a drop that would NOT violate said price level!?

Sometimes it's better to be LUCKY then GOOD and we be MOST Greatful to da-Boyz club and their ability to GET prices back DOWN so we can reconfigure our OE Port, thanks BOYZ!

We'll be buying our Apr45 calls back this morning at the Open, maybe 0.64 +/- (160 contracts)!

OK BOYZ, you DUP-em, yes, DUP-em Real GOOD, da-Longs dat is, LOL!?

Date Open High Low Close
4-Apr 45.78 46.35 45.40 45.86
7-Apr 46.15 46.41 45.65 45.76
8-Apr 45.41 45.72 45.18 45.41
9-Apr 45.47 45.49 44.63 44.90
10-Apr 44.93 45.84 44.93 45.54
4cast
11-Apr 44.97 45.28 44.63 44.71

DCB back on, covering Rally in FULL SWING, Pre-401k Discount wave is Over, LOL!?

Btw... for those wondering what number it would take to Violate the Uptrend line we offer this?

Three Year chart:
Q's, 43.66
S&p500, 1315

Yearly Chart: (starts as 21Dec07 thru 19Dec08)
Q's 44.65
S&P500, 1348

This is NOT available ANYWHERE else on da-Planet and Mainly why Most TA, Chart, Fibs and Lies play-ar's are convinced we are NOT in an uptrend, OUCH!?

Good trades all,
nm