Replies to post #103055 on SPDR S&P 500 (SPY)

[RCKS]

NM thanks
That would put the spx near 1080, no?

[Neutral Man]

Are you READY to RUMBLE, or NOT!?

With only THREE dayz remaining we expect some VERY BAD things to happen and while we'll profit handsomely we will NOT LIKE IT because it's ONLY a pre-curse-r to what lies ahead!?

Date Open High Low Close
14-May 47.49 47.52 46.38 46.93
17-May 47.04 47.27 46.07 47.08
18-May 47.47 47.58 46.22 46.43
4cast
19-May 46.13 46.13 44.19 44.32
20-May 44.93 46.04 43.54 43.63
21-May 42.52 42.85 39.69 42.04

We post the YTD OE Pivots below to give ST guidance to where prices are headed, BUT, we feel obligated to inform ALL of the play-r's who read dis-Board that the S&P500 is going back down to re-test the Low's of 2009 (confirmation will come when we close below the YTD OE Pivot, 1102.47), oh boy, sigh.......


Last but defintely NOT Least is the OEPM S/R lines of meaning!

53.35 20.00% R8
52.24 17.50% R7
51.13 15.00% R6
50.02 12.50% R5 (Serious resistance as of 30Apr)
48.91 10.00% R4 (violated 04May, look to the R3 for guidance now)
47.79 7.50% R3 (next target of meaning)
46.68 5.00% R2 (NOW AB-SO-LOOT Resistance PERIOD)
45.57 2.50% R1

44.46 0.00% YTD OE Pivot (Final Discount Wave Target, or NOT!?)

43.35 -2.50% S1
42.24 -5.00% S2
41.13 -7.50% S3
40.01 -10.00% S4
38.90 -12.50% S5
37.79 -15.00% S6
36.68 -17.50% S7
35.57 -20.00% S8