possible rising wedge, page-22

re: spi is looking bullish heremes, that was a post of mine last night about my overnight position prior to the opening of us markets. I'd like to see the sp500 get below 1250 before calling on the bull cull there, but the dow has conclusively broken below support at the h&s neckline as has the nyse comp and the nasdaq. It may be the the s&p500 will outperform (fall slower) the rest of the us market because of its defensive big cap qualities. We don't know whats going to happen tomorrow of course but I think the bear has got a grip now. This is a downtrend so sell shorts at support and buy shorts at resistance, on bounces imho. Now I'm sounding like sandune!
cheers!