[willd]

I have seen several posts on possible weakness at these levels. Here is one more thought to consider. I ran a quick Fibonaaci time extension on the SPY. Today May 16, 2007 is showing up as a key time zone for a measurement of high to high, low to low and low to high swing points. June 6 and 7 are also key time dates.

Price has continued to rise into this time frame, therefore, the proability of a reversal occurring within the next 2 days is good.

Nov 28, Dec 14, Feb 22 and Mar 14 are the dates I used for the time extensions.