SPDR S&P 500 (SPY): Be, I bought some QIDs 1/4 position arou...

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learningboutinv

Re: be post# 54240

Monday, 06/30/2008 11:09:51 AM

Monday, June 30, 2008 11:09:51 AM

Be, I bought some QIDs 1/4 position around ~10:45. I guess we will see with oil. USO is now heading back down. (LOL... How many times has everyone said OIL has topped.) May be they will try to close the USO gap at 113.93. I guess we will see, that should really spark a move up IMO. (EDITed - They just closed the gap on USO @ 11:13.) This is an interesting table that I have been reading in the past 5 mins. I have not verified but here is the article:

http://www.schaeffersresearch.com/commentary/observations.aspx?ID=85674&obspage=1

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