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Strategies & Market Trends : Value of Perfect Information

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To: Q8 who wrote (37)	11/20/2008 12:47:39 AM
From: Q8	of 262

Repeat of Message 37. Can you see the chart? I know I can test it elsewhere but this is quicker. Rubbersoul: Here is your intra-day market note! On 11/13 the SPY tested the “Selling Climax” low of 10/10 on lighter volume and then closed above the “Selling Climax” low triggering a bullish signal. Over the last three days the SPY has worked lower on reduced volume and shows downside forces are weakening and a bullish sign. A bullish downtick reading of -1400 was recorded on 11/13 which shows exhaustion to the downside. A possible test of the 11/13 low may be in the making and as long the test comes on lighter volume the bullish signal will be in force. On the weekly charts, last weeks test of the “Selling Climax” week low on lighter volume and then closes above that low has triggered a bullish signal on the weekly timeframes. Long SPX on 11/13/08 at 911.29.

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