Sold SPX 950

Fed and noise stuff, looking for lower levels. I have some stops in place, if elected I suggest you too also have stops in place.

Tor: I'm so far convinced that we will see the market go higher. Advanced/Declines continue to improve, and we are still oversold on many intermediate charts. I will repeat it looks like we have consolidation with Small caps outperforming the large caps over the last couple of days. It appears that unless we rocket at least 3% higher into close or drop 4% into close we will not have any decision made by the market on direction. JMHO, Barry

ball in bulls court until proven otherwise. Vix has to come down a bunch before any new sell develops. SPX 920 my support for now.

Hope for a gap down...with a possible target between 892 and 915
http://img133.images...eurod877gj0.png

Edited by Teaparty, 30 October 2008 - 03:43 PM.

Tea-I'm looking for 900.31 tomorrow-nice to see you find that possible. Thx for your charts, as usual-the best.