The SPY has broken all support...new price target 65

Port1385 · Feb 17, 2009

Trader KGB · Feb 17, 2009

Going to give credit to Tim Knight's blog from which you ripped that chart?

pkts · Feb 17, 2009

What I love about that chart is that if you went back 2-3 days you would see the support.

Talk about manipulating the information...the whole point of charts is to be (somewhat) objective!

Well done.

TraderZz · Feb 17, 2009

One step at a time buddy. Only 1 wave down today and still got the year lows first.

AMT4SWA · Feb 17, 2009

Quote from pkts:

What I love about that chart is that if you went back 2-3 days you would see the support.

Talk about manipulating the information...the whole point of charts is to be (somewhat) objective!

Well done.

ACTUALLY there is NO MORE support.....the current market is suspended in animation, just waiting for it to look down and notice there is no floor under its feet! :eek:

S2007S · Feb 17, 2009

Im extremely bearish but looking for a bounce back to 7800-8000 range. Looking a bit oversold.

MrDODGE · Feb 18, 2009

This chart is lacking on the time frame.

Also, it is the S&P and not the SPY.

SethArb · Feb 18, 2009

help is on the way ...

www.youtube.com/watch?v=s1C8d2qZrbA&feature=related

Landis82 · Feb 20, 2009

Quote from S2007S:

Im extremely bearish but looking for a bounce back to 7800-8000 range. Looking a bit oversold.

Please post a screen-shot of your current positions.

Thank You.

stock_trad3r · Feb 20, 2009

Yea the chart is ripped from slopeofh0pe, which is populated by n00bs

The sp00z isn't falling to 650. Not going to happen. Ever.