SPDR S&P 500 (SPY): Same move here. I expect bounce 2-3 days...

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Re: blasher post# 111134

Wednesday, 03/16/2011 7:30:14 PM

Wednesday, March 16, 2011 7:30:14 PM

Same move here. I expect bounce 2-3 days maybe.

My read is that after finishing a Stage 3 top, we now have finished or are close to finishing 5 waves down of Wave 1 down after the Stage 3 top. The bounce will be Wave 2. Then comes A BIG wave 3 down.

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