Replies to post #58979 on SPDR S&P 500 (SPY)

[learningboutinv]

Wow... I don't think there's any blood left for the vampires to feed on. I didn't get out @ $NDX 1795 like I should've. That's two bad moves this week. At this juncture I will wait to see what happens @ 1761, the July bottom. I am not adding anymore to my ST position and I definitely need to decide on an exit strategy.

[fishbait]

Gleno:

Took some shorts off. If we gap down in a.m. I'll be there. Last 2 month study I did on QQQQ gaps resulted in 86% win rate (gap filled same day), prior 2 month period was 81%. Gap downs appear to do better than gap ups. FWIW.