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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 672.07-1.7%4:00 PM EST

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To: TraderMann who wrote (9398)9/1/2010 1:37:22 PM
From: GROUND ZERO™  Read Replies (3) of 218757
 
That's a nice place to short just in case this market falls apart, but just be careful...

Right from your own words, "Today was fueled by a lot of short covering...stops were hit just after the open...we have trading sideways since."

This means there is no selling, I wouldn't be surprised to see a further rally into the close... this market is going higher...

GZ
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