Replies to post #49995 on ajtj99's Market Pulse

[teaparty]

I wish I could be as confident as you are that 1125/35 won't get hit. I know sentiment is quite bearish and getting to previous points that have made good IT bottoms but can go lower. What are you seeing specifically that makes you so sure we won't test those levels. Seems to me 1125 could get hit before 1200. Could you post some charts and/or state some sentiment figures or charts to support your stance. Thanks
http://stockcharts.com/def/servlet/SC.web?c=spy,uu[w,a]dacayiay[d20040801,20051231][pd20,2!b50!b200!...