Replies to post #33566 on The New CS Board

[easycome92]

Do have any thoughts on how much of a decline you might be expecting assuming SPY reaches 2900+ around Labor Day weekend? Thank you.

[Belek]

ok keep the board in the loop

thank you

http://schrts.co/NQVtgxkM

[ahimsak]

I am shorting now. Descending triangle on spy, etc. We could get nasty decline this week. I do agree, however, that you are correct with pointing out market likes to rally into labor day weekend.

Major top in 2000 end of august, same for 2008. sept was not good for the bulls both of those years. Or course, same for 2001, but nobody (unless you adhere to conspiracy theory, like why did the pentagon turn off the defense missile system they had just installed just before the plane crashed in to the pentagon?) could have seen 9/11 as the catalyst of that years big drop in sept.