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SPDR S&P 500 ETF Message Board

  • wsjjswwsjjsw wsjjswwsjjsw Jan 25, 2013 4:29 PM Flag

    flatline to the end of Feb

    SPY will bounce up and down between 152 and 142 till the end of Feb. The only trade in town is to short UVXY and its relatives on each pop. Then it probably will move to 160 level.

    The market needs more than one week to top out. The real crisis will start to emerge in late summer, when run-away inflation becomes a reality and when Big Ben signal he is longer able to print.

187.95-3.65(-1.91%)Feb 5 4:00 PMEST