SPDR S&P 500 (SPY): SD, I don't really have an opinion on...

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Re: spdpro post# 109395

Thursday, 08/19/2010 8:14:22 PM

Thursday, August 19, 2010 8:14:22 PM

SD,

I don't really have an opinion on this. At the close of Monday Aug16 there was already a buy signal which of course led to the big jump on Tuesday. You could say POMO fueled it more. But if POMO were here today the fall should not be this bad. If next Tuesday and Thursday are down days (more than likely) than this POMO thing is invalidated.

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