Replies to post #79005 on SPDR S&P 500 (SPY)

[blasher]

remember, his forecasts are for entertainment only. /e

[Neutral Man]

Rich... it was very likely that da-Boyz are the ones who SOLD the Calls Short, hence, the buyers of those calls got assigned the shares and da-Boyz are puttin da-Squeeze on -em today as they decide to Hold or Sell their new found shares!?

If this is true then da-Boys will HOLD prices at the lows,even into the close, as the new share holders get panic'd OUT of dare positions!?

Let's see if da-Boyz continue to HOLD prices down and accumulate shares at the Bid price?

Btw.... this technique, supporting or buying the bid, causes the "Selling" pressure to register High readings today so the sell volume will be HUGE?

In addition, HOW MANY times have they used IBM to reverse prices and snatch defeat out of the hands of da-Bears, IBM reports after da-Bell, Oh boy, sighhhh!