understanding the psychology of behavior

I am noticing a weakness.  Upon the next (hopefully there is another) market push upward, look toward market potection. I would be looking at the 148 or 149 Aug SPY.

Just a heads up.  The markets are still oversold, but I noticed action in the tap that made me question how much the markets will bounce off of this oversold condition.

(I will post a more detailed chart of the market later.)

This entry was posted on Tuesday, July 31st, 2007 at 10:37 am and is filed under markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.