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Replies to #28199 on The Black Box
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LG

01/20/06 3:39 PM

#28200 RE: michalel97123 #28199

michale654321: SPY has become very intraday oversold as it tagged its 50-Day SMA. I think a tradable bounce is near. We may see one of those Friday "keep hope alive" rallies into the close. If so, that will be very telling...IMO

LG
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wahz

01/20/06 3:43 PM

#28201 RE: michalel97123 #28199

we got the 50 so thats enough reason to stop for now...and my perfect contrary indicator he/sh/it is nearly in the crash camp so i think we are in really great shape from here

that fed meeting is on the 31st