Replies to post #89068 on SPDR S&P 500 (SPY)

[spdpro]

FYI Q Max Pain 42.00 or Not
Something to remember even thou it hasn't worked in months
SPY is 105 but that is way down the ladder

[youaretheone]

hey 2-bit, take a look at chart 5.6, notice bkx, has not even made a 38% retrace yet....and momentum as you suggest is still not in favor of much more to the upside...

i have a feeling that banks will report decent earnings, but will warn that they will be incurring losses in the next quarter due to defaults on loans and actually reporting all the foreclosures that they have on there books...just a hypothesis.