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DeepBlue1

11/19/08 12:24 PM

#24086 RE: starboy #24085

If the market closed right now, it would be the lowest closing low on the SPY to date, and the technicals say it's still heading lower.

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DeepBlue1

11/19/08 3:37 PM

#24087 RE: starboy #24085

I covered my shorts this afternoon although I'm leaving some money on the table obviously.

Now waiting for THE NEXT BIG CAPITULATION SELLOFF that'll make for the next good buying opp bounce and since we've broken the old low I'm thinking that it shouldn't be too far off.