Replies to post #93460 on SPDR S&P 500 (SPY)

[youaretheone]

did not know that we were in the presence of greatness here...you, 2bit-nothing, have developed a system that works 100% of the time. that is incredible. we should see you on the cover of a wall-street magazine shortly! my system says that there is no directional move till 1156.25 or 1093.75 is taken out. that is what is called the pipe, with 1125 in the middle. close either above or below either of those and you have an automatic short/long that would take you 62.5 pts in either direction. i remember you saying there was another leg up once before and you were three days early or so, so we shall what happens here. solar eclipse on friday, usually marks either a high or low, and turning point. last one was july 22bs, and there was in fact another leg up then.

[bridgeofsighs]

"There is no way this market is going down"????????
When tomorrow? The one thing we are sure of it will keep going up until it doesn't go up anymore. This market is loaded into one trade. Short the dollar buy anything and boy IS IT CROWDED. AA reports an awful quarter and the response is to infinity and beyond. AA let go 25 thousand employees to earn a penny? The financials ran up today with a huge amount of mortgage resets right around the corner? The risk trade is in full effect and when the market corrects 10 to 20% all these talking head bulls will say you had to see that coming.