SPDR S&P 500 (SPY): Yeah I agree. But why do I feel hesitan...

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learningboutinv

Re: GLENO34 post# 54041

Friday, 06/27/2008 2:15:18 PM

Friday, June 27, 2008 2:15:18 PM

Yeah I agree. But why do I feel hesitant in going long? (Edit - Good thing I am waiting and watching. Looks like QQQQs failed again for the 6th time @ the 50dma/5min.) BTW - watch QQQQ @ 45.40 which is the 50dma/5min chart. We've been repelled off of that line 5 times since yesterday. Will we get lucky number 6 and finally break through w/ some volume? BTW - USO has been steadily dropping from HOD 115.77 now 114.74.

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