Replies to post #103626 on SPDR S&P 500 (SPY)

[Neutral Man]

We're Issue-ing a GO TO CASH ALERT and we do NOT LIKE IT!!

The 4cast we posted on Satruday is indicating a -5.0 plus down day Monday and there WILL be BLOOD in the Street before da-Bell Tolls at 4:00pm and we do NOT LIKE IT!!

Futures are confirming the 4cast and we suspect they'll Open Lock Limit DOWN and there will be NO BOUNCE intraday, oh boy, sigh...


21-May 43.64 45.08 43.49 44.84
4cast
24-May 44.25 44.46 42.49 42.51

[Neutral Man]

As expected we'll the GAP down, BUT, it's not the GAP down itself that is bad, it's the fact that we'll GAP below the YTD OE Pivot,44.46, now dat's BAD!!!!!!!!

That said, we're on a collision course with the TWO Year OE Pivot, 29.86 and it dat's NOT BAD enough we're gonn aget dare in less then six weeks, oh boy, sigh...................

YTD High, 50.19, 4cast low in next six weeks, 29.86, percentage down, -40%, and this will ONLY beee the Beginning of the END, oh boy, sigh.................

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
19-May 46.26 46.63 45.55 46.06
20-May 45.20 45.28 44.25 44.35
21-May 43.64 45.08 43.49 44.84
4cast
24-May 44.25 44.46 42.49 42.51