SPDR S&P 500 (SPY): Foot..what I see in the aggregate (there...

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Re: Footquarters post# 49386

Saturday, 05/10/2008 10:06:35 AM

Saturday, May 10, 2008 10:06:35 AM

Foot..what I see in the aggregate (there are always cases to be made each way), is that there are fewer sellers, and a lot of sideline money ready to buy. This looks like we just finished a consolidation week, and are prepared for a push up (and through?) some resistance.

At least, that is how I have positioned going into Monday. Perhaps I will have some wounds to lick, but that is the way I see it. gl/gt.

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