Replies to post #196766 on SPDR S&P 500 (SPY)

[NetNeutral]

V-Bob, that's my point, they reset the Bug-uns at Yearly low levels so as to Off-Set any discount waves in the other sectors, sorta like using a equalizer and adjusting the sliders(sectors) to accommodate said UP intentions??

That said, so Oil has a discount wave, it does NOT mean stocks associated with said Oil have to discount in direct proportion??

Summary, dem Bass-Turds gonna use dem sliders on dat dare Equalizer and Jam dis-puppy UP for a few months to distribute all dem shares they bought from da-Fools selling during the Panic-Discount-Wave in January??

Good trades me-amigo...

[risk on]

Tend to agree , but that is solely contingent on the close of oil today. Meaning oil needs to close at or below previous R , preferable w a long upper wick on today's candle

[ottoman]

speaking of tanking oil, EIA numbers out. refute the API DRAW of last night.

increased by 2.0 million barrels from the previous week. At 540.6 million barrels, U.S. crude oil inventories are at historically high levels for this time of year.

Total motor gasoline inventories increased by 1.6 million barrels last week,

http://ir.eia.gov/wpsr/wpsrsummary.pdf