SPX

    Posted by littlegto on 18th of Dec 2008 at 03:24 pm

    Below 880. Appears this is going to end ugly.

    880 spx

    Posted by robincage1 on 18th of Dec 2008 at 03:27 pm

    below 880 on the day for the SPX and we lose our uptrend line.  correct?

    Not necessarily. Before Friday options

    Posted by junkmaylbox on 18th of Dec 2008 at 03:35 pm

    Not necessarily. Before Friday options are being killed by bringing the market lower. It's a common trick.

    SPX

    Posted by littlegto on 18th of Dec 2008 at 03:33 pm

    Appears next support is around 850, but the current downtrend seems to be pausing.

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