Replies to post #187968 on SPDR S&P 500 (SPY)

[thefranchise]

Curious what you're basing that off of?

[USDollar]

I don't feel too good of that bottom

I think a -1% discount at a minimum would maybe get me interested

and I think 197 will have to wait and then wait some more

it seems too many looked up to october 2.0 , it was also nicely painted on the charts... so it became a crowded hellevator which no matter which button you press is going down because it's packed with sheeple

now here's the thing, if what I said here is for real (the logic is), then the panicked stampede out into the hellevator pit will produce a spectacular drop not too far ahead of us

the sheeple will first have to realize the october 2.0 ain't happening, then the abandon hellevator operation begins (they'll also be pushed out from behind(s) with margin calls, quite likely)

I bet Cramer also will be busy scaring us on TV with the pressing of bear roaring sell-sell-sell

One unknown I have is what the banksters/fed gang move will be at the MT bottom if this all come to pass

btw, panic is but a perception as mr SPig may just run all stops to say 168 then "rally" 15% in short order (running shorts' stops)