SPDR S&P 500 (SPY): Hi, Foot. My daily SPX charts are screa...

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Re: Footquarters post# 53870

Thursday, 06/26/2008 5:29:16 PM

Thursday, June 26, 2008 5:29:16 PM

Hi, Foot. My daily SPX charts are screaming bounce for tomorrow (as well as the other indexes). To arrive at your SPX-1257, are you thinking any bounce will be short-lived (say, through the July 4th holiday) and then another decline will follow to your suggested level? Reason I ask, perhaps it's possible the SPX bottomed today and doesn't need to go down any farther? Two

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