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Strategies & Market Trends : Waiting for the big Kahuna

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To: fred woodall who wrote (88556)7/6/2009 8:27:18 AM
From: GROUND ZERO™   of 94695
 
I have no targets, I never lead the market or have target objectives, I just follow my signals as they appear... there are, however, some levels where we will find support according to my model if we actually get down there... they are 862.45, 834.76, and then 507.65 (give or take a few ticks), but there is never any guarantee we'll ever reach any of these prices, so these are not targets... but IF AND ONLY IF the market does hit those prices, you can rest assured there will be brisk buying when those prices are touched, these are my three reaction points so far at the moment, I'll have several more along the way if this market does break lower as my model generates them... but at the end of the day, I suspect all of these levels may well be broken...

GZ
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