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    Fuinhaz $SPY read for August 20, 2012

    $SPY opening pretty much flat. We had a great 3 week run, I am not saying this is over since I have been expecting a pull-back for the past 15 days, so I will just let my keyboard rest, and give you all just today's level to watch. $SPY 1st support is 141.40, 2nd support

    By |Published On: August 20, 2012|0 min read|
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    Fuinhaz $SPY afternoon update for August 17, 2012

    $SPY holding well the 142 level. The names I mentioned to have popped and giving some back, came all back to intra-day break out level, showing that this may not be the end of all this run. Still, I need to see 142.21 breached and enough volume to stay above it, otherwise We may be

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY afternoon update for August 17, 2012

    $SPY holding well the 142 level. The names I mentioned to have popped and giving some back, came all back to intra-day break out level, showing that this may not be the end of all this run. Still, I need to see 142.21 breached and enough volume to stay above it, otherwise We may be

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY morning update for August 17, 2012

    $SPY trying it's best to stay above 142. It did hit at the open above the 142.21 level. Today is options expiration, so there is a sense of a possibility for us to continue to run, and a weekend in front of us in which no one is certain if the market can continue to

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY morning update for August 17, 2012

    $SPY trying it's best to stay above 142. It did hit at the open above the 142.21 level. Today is options expiration, so there is a sense of a possibility for us to continue to run, and a weekend in front of us in which no one is certain if the market can continue to

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY read for August 17, 2012

    $SPY opening flat, but with a very likely possibility to continue it's bonanza run to new highs since nothing in the technical analysis means absolutely nothing. Bad data is completely ignored, and I have seen the market go much higher out of nothing, until the day it stops, and it starts to give back gains

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY read for August 17, 2012

    $SPY opening flat, but with a very likely possibility to continue it's bonanza run to new highs since nothing in the technical analysis means absolutely nothing. Bad data is completely ignored, and I have seen the market go much higher out of nothing, until the day it stops, and it starts to give back gains

    By |Published On: August 17, 2012|1 min read|
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    Fuinhaz $SPY afternoon update for August 16, 2012

    What a day this have been so far. In a matter of 15 days, the $SPY just putted some ear plugs and sky rocked a few cents from the 52 week high 142.21. My question is how much higher can it get until a decent pull-back, if we ever get one? The word detachment is

    By |Published On: August 16, 2012|1 min read|
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    Fuinhaz $SPY afternoon update for August 16, 2012

    What a day this have been so far. In a matter of 15 days, the $SPY just putted some ear plugs and sky rocked a few cents from the 52 week high 142.21. My question is how much higher can it get until a decent pull-back, if we ever get one? The word detachment is

    By |Published On: August 16, 2012|1 min read|
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    Fuinhaz $SPY morning update for August 16, 2012

    $SPY did a double top @ 141.38. It is very hard to tell people to short here, since apparently every resistance is being taken off. On my scans everything is a strong sell, but I have to be honest that even though the technical analysis is pointing for a top, the market just want to

    By |Published On: August 16, 2012|1 min read|