Replies to post #89587 on SPDR S&P 500 (SPY)

[rimshot]

is it really that simple, Dan? to assess the market direction for more than the next 30-minutes?

ok, so what if I buy your idea that the bears, for now, ran out of energy and left some tail behind ... lol ?

and say I "go all in" long based on your tail theory for predicting the next market direction

when do I exit, in order to maximize gain before the risk/reward of this approach runs out of steam?

[GLENO34]

Dan..I was gone until just a few minutes ago..Had to take my wife to the hospital for her second knee replacement operation. She is fine the operation went well and she is just now sleeping in her room....Just trying to catch up..What happened to cause the market to make such a sudden reversal???