SPDR S&P 500 (SPY): re areas to watch 48.00...

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Re: learningboutinv post# 57675

Friday, 08/15/2008 7:19:08 AM

Friday, August 15, 2008 7:19:08 AM

re areas to watch

48.00 QQQQ, 1290 SPX, 11600 Dow for sell signals . Hold short below 1280 SPX, 11550 Dow, 46.50 QQQQ .......... nasty is the strongest index and the one to stay away from short positions.... tradable short under 47.75..... Gold, still on sell signal near term, wouldn't go long today unless it was above the 810 or GLD 81, which is 10% of the value....just broke another swing, could be going to 725.... in my opinion...

Buy 'em when they are crying, sell them when they are yellin'
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