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

SPY 679.70

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Nov 26 4:00 PM EST

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To: PJr who wrote (5564)	6/9/2010 4:47:21 PM
From: GROUND ZERO™	Read Replies (4) of 219394

Yes, in fact, I have... for tomorrow, the sell signal would be a close below 1041.30... but, presuming the buy signal is good and we do rally, then the maximum stretch point, or vertical price, for this coming rally would be 1139.10 and to arrive at that price no later than Tuesday July 20th... if the market is higher than that price on that date, then the rally would continue... and if so, then I have higher vertical prices which I've yet to compute... Personally, do you think this rally will take hold? I don't think so, but that's just my gut guess... TIA GZ

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