Even a blind hog finds an acorn once in a while. For the record, I also expressed some concern a couple of weeks ago about hitting resistance around 870 on the S&P (87 on SPY). Nothing I see in the charts (or entrails as some on this board prefer to regard TA) changes that opinion. I am optimistic that we have indeed seen the bottom, but there's a good chance we will see some heavy profit taking during the next few weeks, possibly testing the previous lows.
Enemem, No, it wasn't me, but it may have been Alertmeipp. Several days ago he posted - "I am seriously thinking to reestablish my position fully in the near future". <<<