Replies to post #363045 on SPDR S&P 500 (SPY)

[nowwhat2]

Pictures tell 1000 words









Now, if my "interpretation" (an "interpretation" which shouldn't be "required" by the way), of that is correct,
Wouldn't that be completely dispelling (or ignoring) this ?






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[Windbag1014]

Agree whole heartedly. I have lots of cash set aside waiting for 25, 15 and 10 on UPRO. Will take a reading if/when we get there. The market will recover. There will always be rioting in the streets depending on the headline of the day. Some folks have to have a tragedy to rail against. The economy, the dollar and humans are resilient, kind of like rats and bacteria.