Tuesday, April 29, 2008

SPY

I just don't know how you couldn't be bearish here...the risk reward is good because if you're wrong then you've got a tight stop and an extremely bullish move will follow suit...For me, I see to much overhead resistence to get through this. I mean, it would take some crazy announcement to get it through these levels.....like.........A FED DECISION?!? HA!

1 comment:

Shelley said...

Fed decision? Who? What? Where?

Wouldnt you like to know all the answers.....then you could be a PERMANENT (mulit)millionaire. :P