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Strategies & Market Trends : Waiting for the big Kahuna

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To: stockycd who wrote (84972)1/13/2009 7:35:31 PM
From: GROUND ZERO™   of 94695
 
I would also get a confirmed sell signal if we close below today's low, but that won't happen, the trend is higher, not lower... I had a confirmed buy signal early last week when the market was already over bought... then, I had a sell signal which worked like a charm for the past 5 or so market days... today, prices tested the 859.90 level and was repelled higher... therefore, my buy signal from last week is still intact and the corrective phase of the rally is now completed as of today... the rally on my buy signal will resume tomorrow...

GZ
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