SPDR S&P 500 (SPY): Gleno, that could be quite possible as y...

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learningboutinv

Re: GLENO34 post# 56471

Wednesday, 07/30/2008 10:37:23 AM

Wednesday, July 30, 2008 10:37:23 AM

Gleno, that could be quite possible as you said earlier Time of Month/End of Month sheepsters with their 401k deposits. Also that is around the gap/gap resistance area from 6/26, and also the target from the cup and handle 5min chart from yesterday. (Edit - Although I am skeptical right now... We have to get past 46 on the QQQQs.) It feels like the movie groundhogs day w/ Bill Murray. Buy at QQQQ ~44 and sell at 46. That has happened like approx. 4 times.

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