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short SPY near 145.80


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#1 hiker

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Posted 06 August 2007 - 02:18 PM

I hope to be toast, and maybe flip long before close this is very iffy trade when considering the failed d/t line on the 60 min I am looking at..one of several d/t lines and price relative to the 5 day sma this could be a big reversal if we get much higher by close semi..this is what is really called "bull bait"...could not resist since bear bait was the call of the day some time back at this point 146.51 SPY from feb 22nd candle jumps out to me on daily chart

Edited by hiker, 06 August 2007 - 02:13 PM.


#2 hiker

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Posted 06 August 2007 - 02:47 PM

long is now gone and am flat 146.48-50 area 146.51 just now taken out

#3 Rogerdodger

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Posted 06 August 2007 - 04:29 PM

Good eye, Hiker. ;)