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To: Ron who wrote (8615)9/17/2008 4:47:53 PM
From: Galirayo  Read Replies (2) | Respond to of 41419
 
Hey Ron .. I'd tend to agree that the SPY may trade up into expiry .. but the previous "Low" was just taken out ... from my experience .. once the Low Low .. has been captured .. it's on a MoMo Down Sweep .. and qualifies as a Genuine Falling Knife ,, ??

Are you looking to 107.38 on your chart ??



To: Ron who wrote (8615)9/17/2008 4:56:18 PM
From: Galirayo  Respond to of 41419
 
PS .. now I know why I like those Gann Fans .. and the Owl Box .. .. It's almost like the Lasers in Concert !! LOL

HQ Rev .. There's gotta be a Pivot there somewhere. :)

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To: Ron who wrote (8615)9/19/2008 12:51:39 PM
From: Galirayo  Read Replies (1) | Respond to of 41419
 
>>However the SPY is sitting in a major fib line here. Wouldn't be surprised to see a bounce with options expiry coming up. <<

Great Call .. Worked out better than you thought .. huh ?? lol