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If this gap fills..

Started by dcengr , Sep 10 2007 08:43 AM

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5 replies to this topic

#1 dcengr

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Posted 10 September 2007 - 08:43 AM

It could get ugly, but only IF this happens. I have studies showing it would get very ugly if this happens. But only if....

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#2 hiker

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Posted 10 September 2007 - 08:49 AM

it is going to take some energy to move below the SPY horizontal zone of 145.33 to 143.80. 145.33 horizontal was quickly bought Friday. SPY close Friday is 146.07

Edited by hiker, 10 September 2007 - 08:50 AM.

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#3 dcengr

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Posted 10 September 2007 - 08:57 AM

Yes I agree it will take some energy. But if it does, it will get ugly. May take a fed speaker to do it, if he says "no rate cut".

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#4 SemiBizz

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Posted 10 September 2007 - 09:00 AM

Yes I agree it will take some energy. But if it does, it will get ugly. May take a fed speaker to do it, if he says "no rate cut".

They don't have to... INTC just said it for them.

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#5 skyymaster

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Posted 10 September 2007 - 09:01 AM

I thought only going up took any type of energy. :sweatingbullets:

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