Replies to post #54565 on SPDR S&P 500 (SPY)

[be]

Olli ,such a profound thinking as you just posted...will earn you a lot of money . I wish I have a long tern vision as you and leftg have , right now ... I only see half an hour ahead of the trading game ..stay longer than that I am very nervous .

Trinq is not risng (.81), Qs is stronger than this morning .

I am long Qs C bac and uyg







Thanks, be .

The ideal trade is when the short term trend is with the long term trend .
The more time frames that signal a "same direction trade" simultaneously, should lead one to expect a higher rate of success (bobjack) .

[leftyg]

ollie..I believe your thinking is right on..I have certainly made more money after a turn, than trying to anticipate one..maybe I'm just not as smart as some.

Since we're all allowed at least one guess per day, my guess is that this is a sucker rally..and that the market turns down into the early end of day. Regards.