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Re: JimQuinceH post# 38346

Monday, 05/18/2009 4:29:14 PM

Monday, May 18, 2009 4:29:14 PM

Post# of 52113
Jim, 2 questions and a comment.

1) If I'm a short-term trader, how do I use the information you just posted? 930 is quite a distance up--and could be traded long.

2) Are you suggesting I be short even though the market may hit 930? Based on today's action, it would appear SPX 930 is probable.

Based on the phrasing, you will be right no matter which way the market goes. If the market breaks above 930, you will be right. If the market stays below 930, you will be right again.

Ted

PS
Why the DOUBLETAKE in all caps? Most here know the reason for the name change. Finally, why are you directing this specifically to me--and not to the board in general?

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