jamison.gaddy

[correction] as strong hands reduce expsosure!

AMEX:SPY   SPDR S&P 500 ETF
spy
139 3 3
spy
SPY             saw its largest outflow of capital in that last month or so.
Trance-Man
5 months ago
You are losing me here from this and the post before it.
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jamison.gaddy PRO Trance-Man
5 months ago
It appeared before the data updated that longs were confident and continued to invest capital at this level. You could see how the markets reacted to $1.5 billion money flow at lows. I was implying how high will we go if starting here. The showed $500 million leaving off of the 1st bounce of support. This is indecisive as "strong hands" reduce "a position" by 33%. Suggest we may see a deeper pullback or maybe just decreasing risk into OPEX.
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Trance-Man
5 months ago
Hmm ok I get it now, thank you. Any changed thoughts as of today after yesterdays moves and this AM moves on SPY etc?
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