Replies to post #89492 on SPDR S&P 500 (SPY)

[fishbait]

Foot:

Government and markets gone wild...I didn't think it could happen.

You better get in line! How many unfilled gaps have we had in the Qs?

[Bob257]

Yeah - right !! Maybe we'll have a reversal today, or not ! I closed my swing long with the selloff on Friday. I did not have a confirmation to go to cash but I'm on vacation in your state from my home in New York so I didn't want to risk missing a signal. Big mistake. You have posted charts several times in the past showing ema's in the 16 and 18 area with a recommendation to stay on the right side of the ema. I use the 16 in my system and it is long since Oct. 6. A reversal is coming, but nobody knows when. Lots of traders posting on this board appear to be short or trying to time a selloff at it's very beginning. Good luck guys, but I will wait for the market to tell me when to go short and I will not be picking the exact top.

Appreciate all your work. Regards,

Bob