SPDR S&P 500 (SPY): yes, it will be clear that this is a mar...

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Re: 2bit-nothing post# 103593

Saturday, 05/22/2010 5:30:23 PM

Saturday, May 22, 2010 5:30:23 PM

yes, it will be clear that this is a market free fall! until something can trade at least 2 full days above it's hourly 89sma, it is nothing more than a shorting opp...right now es 89sma is at 1102, qqqq 45.95, and oex 513.95. this signal alone has dictated the sell off truth since april 26th. people i think are in for a very big surprise! this is looking like a 3 month type sell off, where we will not see a real tradeable bottom till july 11th...solar eclipse...

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