Wednesday, May 4, 2011

Broken the Barrier

The SPY has done it again. Upward and Onward to even higher levels. Check 2007 levels, and yes, there you'll find the SPY capable of trading between $133 to $144. Now that it has broken $133, assuming it can stay above this level for a couple of weeks, it can easily trade the new zone for several months.

Boring summer, here we come.

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