Replies to post #133 on SPDR S&P 500 (SPY)

[Footquarters]

Hi Dennis

Glad you did so well with your kids college fund money...been there. In 2001 they pulled the rug out on Jan 2, just in time to get those fat bonuses and then shorting to take the 401K money too.....LOL
See that HPQ didn't move the markets, all the earnings are out, Oil will be up 2 bucks tomorrow, markets are way oversold, no mo interest rate cuts and maybe a raise.... Sounds like a good short to me coming up. Since Gleno and I built the last bubble in the Nasty, we are doing a good job again.... :o) Am 30% short now and the rest earning that 5% in SWVXX (money market with schwab) or something like that...

[omandan]

Denmo
Yep, it seem that if you stick with your system things will always work out for the best.
Wasn't it you I told back on the 6th or 7th to put a handle on that cup, man they all worked out to nice little C&H's.
Tomorrow should be a fun day.
Dan

[be]

den, May I ask what indicators do you use for RE-signaled BUY ?eom

[GLENO34]

denmo..You have played this rally perfect..Do not try and get every single penny..I think we are so close to a top you can taste it...Just get ready to short for the ride back down.Also give yourself a great big pat on the back for brilliant timing..Glen