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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Gary105 who wrote (32357)5/18/2012 9:04:00 AM
From: robert b furman  Read Replies (1) of 218833
 
Yes,

Bouncing off GZ's chart @ the 200 is to be expected - how long it lasts is the big question to me.

We are oversold here.

I sold some Amat puts yesterday out into next January 2013.

At least if the market goes to zero - I'll have time to save up from my dividends.

There is/was a pretty good panic down yesterday from what I saw.

BWDIK

I think we bottom here +/- 2 days.

Bob
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