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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%4:00 PM EST

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To: GROUND ZERO™ who wrote (6515)7/1/2010 10:23:47 AM
From: fred woodall  Read Replies (2) of 219143
 
To funny...Little stab at wall street lingo.

From my experience these type of declines end temporally on a sharp decline. Most of the selling here is traders buying in and getting stopped out so the only question is when does this market start to look attractive with risk of a double dip.

We are coming max. over due for a short covering rally. Another 20 pt. drop could kick it in.
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