Replies to post #59383 on SPDR S&P 500 (SPY)

[learningboutinv]

QQQQ Daily Renko system is calling for a reversal/green brick print at 44.80.

http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=3&mn=0&dy=0&id=p34570960094

[learningboutinv]

Gleno, I think we are going to chop around til tuesday of next week which is when the FOMC meets/announces rates. Could be in this 60min trading range til then.

[learningboutinv]

Gleno, I think we are going to chop around til tuesday of next week which is when the FOMC meets/announces rates. Could be in this 60min trading range til then.

[Footquarters]

Hey Gleno






Touch and go here..... Breadth has been so negative, am amazed they can push them so far up..... Island reversal on the SPY if we gap up tomorrow... so you may get your strong move....

[learningboutinv]

Is this considered bad news about LEH takeover/sale? or good news that now the uncertainty is out.

Lehman Brothers: Federal reserve, Treasury negotiating sales of LEH - DJ
5:33 PM ET 9/11/08 | Briefing.com

Fed, Treasury arranging sale of Lehman Brothers: report
By Sue Chang
Last update: 5:41 p.m. EDT Sept. 11, 2008
Comments: 11
SAN FRANCISCO (MarketWatch)
http://tinyurl.com/525lt3


I wonder if Wamu is next.