SPDR S&P 500 (SPY): About SPY, so far: my “V” st...

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Re: GLENO34 post# 50988

Thursday, 05/29/2008 2:36:56 PM

Thursday, May 29, 2008 2:36:56 PM

About SPY, so far: my “V” strategy detected today 3 independent “false drops” of the index. They were all rendered inconsequential by abrupt intervention and the rise of SPY stayed intact. But more than that: the “opportunistic” bears were hurt and now they are psychologically stressed. Have fun watching the grand finale.

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