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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To: GROUND ZERO™ who wrote (3786)	5/10/2010 1:52:24 PM
From: Kirk ©	Read Replies (2) of 221126

"I think within the next 8 trading days or so we should see a clear buy signal confirmation, but meanwhile I suspect we're at the higher end of a wide trading range inside Thursday's price range..." Big gap in the futures at maybe 1105 My early warning clx turned up which said Fri COULD Have been an early start but it often takes a few days to a week to turn up. Longer term CLX has yet to turn up... today's projection is next Monday it can bottom then a "safe buy" for the third level of conservative buy a week after that... as it stands as of Friday's close. Market may need to test low... which would also fill the gap. I got off a bunch of profit taking when my sell levels hit near the top but NOT A ONE of my buys have triggered. Two buys missed by maybe 12¢ total so my readers might have their buy limits above mine and that caused the turn as the stocks are not as liquid as something like futures by a long shot! Market Tags of 200 dma are rare. We got one but it did not linger... so running down again to try and scare more out would make sense. On your weekly pools I almost ALWAYS post "don't know" for market direction. None of my stuff is great at finding tops and only very oversold conditions are fat pitches for buys... which we only get rarely.

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