SPDR S&P 500 (SPY): left...Looks good...but the target was/i...

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Re: leftyg post# 56140

Wednesday, 07/23/2008 5:50:09 PM

Wednesday, July 23, 2008 5:50:09 PM

left...Looks good...but the target was/is 71.00 and now that looks like it might be a struggle..Only time will tell..We could be in a consolidation spot here and then we spring on up..but remember we are in a bear market and we don't always bounce as big as we would in a normal correction or pullback...They have run the financials up a lot over the last week or so and I would think da boyz will want to see some pullback before they add to positions..Are you saying that my skillful countertrading is just luck and I will not be able to repeat it??Geezzzz

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