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 23 4:00 PM EST

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To: GROUND ZERO™ who wrote (3021)	4/28/2010 1:28:20 AM
From: PJr	Read Replies (1) of 222294

GZ, When the spiral confirms a sell signal you generally identify potential (lower) levels where buying might again commence. It is my understanding that these levels should not be interpreted as the levels at which the next buy signal will be triggered. I'm curious ..... when today's sell signal was confirmed, does the model simultaneously identify the higher targets and/or dates at which a future "buy signal" will be confirmed? Or does the market need to digest a day or two of activity (or more) in order to identify levels and dates that will confirm the next confirmed "buy" signal? TIA Pat

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