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farooq

07/31/14 12:22 PM

#209370 RE: jimmybob #209339

I think you are right, to pass through SPY 200 they need more short fuel. They will get it soon it may be 2-3 day short selling which makes bears comes out. Most stocks probably will come near 50 Day MA but SPY will show worst picture.
Although I think Monday we will be back up near 195.20 area on SPY.
Happy Trading.