SPDR S&P 500 (SPY): Yes we have reached the low of day at 10...

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Re: GLENO34 post# 104606

Friday, 06/04/2010 10:10:41 AM

Friday, June 04, 2010 10:10:41 AM

Yes we have reached the low of day at 108.50 on the SPY. Here is the deal... obama pumped the jobs number so what do you do... take the contrarian view and think the jobs number sucked and it did. What is happening here is the institutions are loading up big time for a big push up next week. When everyone on this board thinks the market is going to tank now and goes short the institutions will just stop you out and you will be screwed.

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