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102.90 close on the SPY


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#1 tradesurfer

tradesurfer

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Posted 30 September 2009 - 11:10 AM

that is my end of day Fearless Forecast..... the bounce right now is a head fake and on light volume.. the bears are going to take control into the close to end out this Quarter and set us up for an October surprise IMO. the downside volumes we are seeing on the SPY is extremely bearish IMO. projecting maybe 250 million shares today end of day today when we only did about a 100 mil on the upside the other day. Look out.