SPDR S&P 500 (SPY): Hi Learnin' Yep, the...

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Re: learningboutinv post# 59402

Thursday, 09/11/2008 10:51:50 PM

Thursday, September 11, 2008 10:51:50 PM

Hi Learnin'

Yep, the breadth was horrible all day, but they kept ramping them. Guess the Lehman news was the stuff they were looking to. I thought they were going to reverse them at 3:00 as that is what usually happens with bad breadth...... Was hoping for a gap up and at the open tomorrow, but looks like the resistance at 1250 was too much for them. We are on tradable longs here. We could easily be down 10 pts on the SPX futures at the open.

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