Re: [RT] SPY low

["Jim White" <jwhite43@xxxxxxxxxxxx>]

OOPs!

Selloff is clearly greater than expected and being ruled by irrational selling thus putting it beyond the normal expected levels for a correction. The reversal date (end of decline) should still be 3/1 however can no longer project the level of the decline. If you are short - be happy.

I closed my shorts way to early.

 

Jim

----- Original Message -----

From: Jim White

To: realtraders@xxxxxxxxxxxxxxx

Sent: Tuesday, February 27, 2007 7:20 AM

Subject: [RT] SPY low

I apologize for not posting the sell signal  I recorded on 2/22.

Expect a low for SPY between 142.70 AND 141.70 on or around March 1.

 

Jim White

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