Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 5 4:00 PM EST

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To: Ken Adams who wrote (8067)	7/27/2010 10:51:11 AM
From: GROUND ZERO™	of 221329

No, the vertical price is not a sell signal, but it does mean that you do not want to buy here... for my own account, I just reduced my longs in half this morning, I sold half and will hold the other half, I expect to see this market stall and maybe even move lower for a day or so... and if not, I still have 1/2 my longs... I will only go short on a legitimate sell signal, a vertical price is not a sell signal... you might check out the definition of a vertical price in the thread's header... GZ

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