Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.72

+0.7%

Jan 5 4:00 PM EST

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To: Gary105 who wrote (15230)	3/10/2011 10:05:54 PM
From: GROUND ZERO™	Read Replies (1) of 221356

Thanks... now basis the June contract, we hit a minor VP today at 1289.00, so I suspect we may bounce tomorrow... then I have a major VP at 1272.90 due in another two weeks... then another minor one at 1255.10 and the final major one at 1224.60 due no later than 3 1/2 weeks from now... if we go below the final low VP and stay there beyond the 3 1/2 week due time frame, then this market will be is a lot of trouble... that is the line in the sand for this market... if break below 1224.60 without recovering, then say good bye to the rally for a while... GZ

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