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Replies to post #55374 on SPDR S&P 500 (SPY)

Replies to #55374 on SPDR S&P 500 (SPY)
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be

07/14/08 3:22 PM

#55375 RE: blasher #55374

Blasher , I say it will go up soon. There is no place for the C and WFC to go.... but up .





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) .
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leftyg

07/14/08 3:44 PM

#55379 RE: blasher #55374

blash..hard to argue against your down week call, with the weekly trend still down. I think there will be another one of those big (+5%) up days soon..but I sure wouldn't want to wait for it long and leveraged.