SPDR S&P 500 (SPY): Good call, looks like 49.61 may be the t...

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Re: GLENO34 post# 51466

Wednesday, 06/04/2008 10:44:22 AM

Wednesday, June 04, 2008 10:44:22 AM

Good call, looks like 49.61 may be the top for now? I am still flat waiting patiently on the 5min to go short with QID.

I would feel much better if the QQQQs dropped below this daily trendline. Nasdaq is still pretty strong, unlike the DJIA and SPX which have already dropped below their daily trendline.

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