AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY
Obviously, the measures taken to save the economy are not very helpful.
Those who trade these days - be very careful, carefully selecting the instruments. I don't think it's time to buy cheap papers in a long-term portfolio. I only have a BAC out of these so far.
I've been asked if it's worth buying a Boeing. I don't think so. It's got a bottom and this bottom is lower than 97.
As for the SPY, it's back to a historically strong level, if we hit it down, there'll be another downfall. I don't see a u-turn on him. I don't see it guys.

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