SPDR S&P 500 (SPY): Foot, I am trying to stay objective her...

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learningboutinv

Re: Footquarters post# 51562

Thursday, 06/05/2008 10:32:57 AM

Thursday, June 05, 2008 10:32:57 AM

Foot, I am trying to stay objective here. This trendline hasn't broken for the NDX and until then I'm not planning to hold any shorts too long. (LOL). BTW there has been a symmetric triangle from the October top. I drew a line coming off of that and the bottom line from the march lows. Looks like we broke the triangle up today. The high for today on QQQQs so far is 50.40. The old QQQQ high was at 50.47.

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