SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CFZ E-Wiggle Workspace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jaker who wrote (8345)8/26/2008 11:57:05 AM
From: skinowski  Read Replies (2) of 41419
 
SPY - the decline since 8/22 in small wiggles looks like an impulse down to this morning's low. The sharp bounce which followed is unlikely to be ALL of a correction... more likely than not it should bounce more. It is not too unlikely that the market may remain neutral to bullish for the rest of the week, going into the holiday weekend. But if this thing takes out today's low - and more importantly, the 8/20 low - that would be a sign of... severe weakness.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News