Replies to post #233837 on SPDR S&P 500 (SPY)

[photo4u]

This wasn't a dip to buy imo, this may make some moves up but overall this is now a downward facing market for a few months at least.

[spartex]

Thanks for the refresher risk, and we aren't in the dot.com era or error.......but I do anticipate a well earned pull-back or correction to ring some overvaluation out of stocks. Just need to be patient....

[BOS-MMT]

Here you come again. But technically neither spy or qqq broke 9EMA weekly, is it bullish. There is one thing I feel uneasy: Nobody gives a decent reason for the afternoon dump. Taking profit is BS in my opinion. Next week will give us more insights. If this is like the dot com burst like you said, we should see another bloody week.