The Good Friday Bottom of March 06, 2009

What do you think?

SPY at 67.61 as I type these words. Time is 1.37PM, Friday March 06, 2009.

 

I think if you start a new "bottom" thread everyday like you've been doing, eventually you will be right.

 

you dont even know what day Good Friday is

 

i dont think i react with a mindless mindset like the TERMINATOR of trading

wjat da f^ck do i know

 

I am right again. The rally from the bottom as predicted.

Cheers,

PS: A good friday is any friday when P&L does not contain the "L"!

 

A good friday is any friday when P&L does not contain the "L"!

Of course easter contains the other good friday, which was not good because of what was done to Jesus Christ.

 

Friday afternoon was the bottom that you have missed, or worse you have shorted. SPY is now at 72.30 area, up from the 67 area.

RFT has done it again. He announced it here and on RFT's financial traders blog, with the reasons of the when and why of the bottom!

RFT (The man who nails the tops and the bottoms)

PS: Those who were confused about the meaning of 'Good Friday", should now understand its meaning.