SPDR S&P 500 (SPY): Risking a direction call... Assuming Be...

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Thursday, 03/31/2011 4:55:15 PM

Thursday, March 31, 2011 4:55:15 PM

Risking a direction call...
Assuming Ben Buz Lightyear Bernanke doesn't goose the market Friday, I'm looking for a quick 50 point drop in the S&P 500. Otherwise, an inverse head and shoulders forming sends the market higher to 1400. Selling volume increased during the day today and the market stopped on the edge of the precipice. To the universe and beyond. Or to the basement with the other unused toys.

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