Bought SPY friday, -without margin this time- just before the close: http://www.elitetrader.com/vb/showthread.php?s=&threadid=97364 Held positions despite the downturn: http://www.elitetrader.com/vb/showthread.php?s=&threadid=97594 Today thursday, just sold for a modest profit. Now will wait until the S&P gets above 1500, and above the 50 week moving average.