SPDR S&P 500 (SPY): sammy..yeah, it's got to move down, then...

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Re: sammy1024 post# 56149

Wednesday, 07/23/2008 6:46:39 PM

Wednesday, July 23, 2008 6:46:39 PM

sammy..yeah, it's got to move down, then up and down, then maybe more up than down for awhile...that is the sign of a healthy trend move. I don't like it when moves happen too quickly. The best trends are the ones where there is plenty of opportunity for both buyers and sellers to re-position themselves day to day where they feel comfortable. We're far less likely to be whipped..and the trend lasts longer.

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