SPDR S&P 500 (SPY): G, yeah, a break of 1200 would be the na...

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Re: GLENO34 post# 62693

Wednesday, 10/22/2008 3:48:09 PM

Wednesday, October 22, 2008 3:48:09 PM

G, yeah, a break of 1200 would be the nail in the coffin, and since the descending triangle is a bearish continuation pattern we will see prices accelerate to the downside. The measured move would be 270 points so ~930 for the $NDX.

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