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 689.10

0.0%

Jan 23 4:00 PM EST

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To: GROUND ZERO™ who wrote (34591)	7/6/2012 9:24:23 AM
From: robert b furman	Read Replies (1) of 222324

Good morning GZ, After this and last weeks run up I would not be surprised to see us correct into WWW next wednesday. A lot of call premium needs to be wound down before expiration. This recent pop up has left a lot of people not in the market - thus I think it will be hard to sell and get back in as support should show up with even a slight decline. Of course I could be wrong - but I think it is a hold and live through out the dip with a possible add into any decline here. Bob

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