Replies to post #92941 on SPDR S&P 500 (SPY)

[2bit-nothing]

Denmo,

Interesting you mentioned an R3 Thursday, it may be a buying opps, I see an up week first week, though it depends very much on ISM, construction and employment data

2bit

[Footquarters]

re SPX










generally the big move down at the close will produce the same move with futures at the open. We are on a not insync with the major indexes, with the QQQQ or NDX on a tradable short and the other indexes on a hold short.... I would suspect a big gap up and crap on the SPX at the 1122 area on Monday morning. I was short using SDS and sold half at the closing price. I did notice that the SPY was down 40 cents in the AH. Anyway, will hold on to my shorts here and add at the open with any gap up at the open. RSI was at .3 at the close, so would think there would be a bounce. I am looking for a follow thru day on Tuesday with a sell off after the open.... Woo Hoo is on a sell signal with the NDX holding everything up... As I always say, I will keep buying till I get it right at these levels..... It is all about treasuries.....