SPDR S&P 500 (SPY): Yes and No YRT1 Lets just say it has...

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Re: youaretheone post# 92927

Thursday, 12/31/2009 6:41:34 PM

Thursday, December 31, 2009 6:41:34 PM

Yes and No YRT1

Lets just say it has potential. To illustrate what I mean, look at how RIMM does it. RIMM broke out of EMA50 and retested EMA20. When EMA20 crosses EMA50 then it is "buy on dips" time for the stock.

Can you visualise it for GS? look at how it was stopped exactly at 168.84 by the EMA50....

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