SPDR S&P 500 (SPY): Well we hit my exact call ..the 60 min 5...

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Re: learningboutinv post# 59393

Thursday, 09/11/2008 10:49:51 PM

Thursday, September 11, 2008 10:49:51 PM

Well we hit my exact call ..the 60 min 50MA..I said before I left for golf that was the likely target...We still have that daily 10EMA as a target..Now at 44.12..We also closed above the daily 5MA which in some systems that is a buy signal..We are OB already on the 60 min chart so may at the least come back down and kiss the daily 5MA..If that holds, then we should at least make the daily 10EMA...Time will tell..Won 20 bucks palying golf..

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