Quote from trefoil:
IWM breakout level is 75: this was the weekly close right before the Lehman debacle. Very close at this point, I think we easily go through this on Friday if the employment numbers are good.
Same level on SPY is 126, a bit harder to get to, but doable if Friday is good.
Quote from shortie:
SPY 126? i must question your wisdom here.
i know you have been spot on this market at least for a few months but SPY 126 by Friday is almost as close to impossible as it gets.
are you sure that you don't want to retract your statement?
SPY 121.03
Quote from shortie:
SPY 126? i must question your wisdom here.
i know you have been spot on this market at least for a few months but SPY 126 by Friday is almost as close to impossible as it gets.
are you sure that you don't want to retract your statement?
SPY 121.03

Quote from S2007S:
So does anyone notice the difference between up days and down days.
Today the market gaped up and did NOT once pull back, it was gap up and trade higher the entire 6.5 hours of trading.
Noticed the last few down days, small gap down of 50-100 points and then a small rally into mid day followed by some afternoon volatility like the day the market was down 150 points only to nearly erase all its days losses.
Talk about manipulation!