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 665.67

-0.9%

4:00 PM EST

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To: fred woodall who wrote (6449)	6/30/2010 3:21:38 PM
From: GROUND ZERO™	Read Replies (1) of 218879

I agree, I reinstated my short positions mid morning (at a much better price than where I covered last night), I was thinking the exact same thing... we should have rallied today, but instead it looks as weak as it had looked all last week, just pathetic... we could still see something pop in these last 40 minutes, but it just looks terrible, people are probably buying these lows and getting stopped out instead of just being short... maybe it could rally tomorrow, otherwise I think hopes for yesterday's low to hold is likely to wane rapidly... the model is short, so why fight it... GZ

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