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 683.31

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Nov 12 4:00 PM EST

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To: Wayners who wrote (9396)	9/1/2010 1:30:54 PM
From: TraderMann	Read Replies (2) of 218713

So you feel that it will bounce up fast from the 1074 level? EW charting shows 23% pullback to 1070 area and a 38% would be 1063 area. I am not a bear or bull just follow the technicals of the charts. Today was fueled by a lot of short covering...stops were hit just after the open...hence why we have trading sideways since.

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