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[eminimee]

Being the nonbiased guy that I am...if we make another low (that would can my C wave of expanded flat idea)....that low is probably going to be down around the 1405 area....below that....there is a bit of a flood gate that could open with 1364 and 1330 as the next two supports. Staying flexable as being too bull headed would screw my head up to get short...



Presently flat...and looking to the oex 15 min for clues

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=7&mn=6&dy=0&i=p77296892999&a=57601821&r=5276.png

http://stockcharts.com/c-sc/sc?s=$OEX&p=15&yr=0&mn=3&dy=5&i=p46143158212&a=89308538&r=7877.png

[hiker]

Ted Burge's SPX cash horizontal at 1476 vs. price right now is most interesting. to go into the FED right at this number is more than a coincidence.