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 684.83

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Dec 22 4:00 PM EST

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To: GROUND ZERO™ who wrote (6082)	6/23/2010 11:41:18 AM
From: Al Greenleaf	Read Replies (1) of 220577

Given the initial Long Signal, and given that the Vertical Price was reached, as successful resistance, is it reasonable to assume that the Long signal was at least weakened, if not ended? It seems to me that I would be wise to "wait for the next signal", and that we now reside in "no-signal land". I have historically used MACD and Stochastics as signals, using MACD to buy, and a negative Stochastics cross to sell. This happens to be exactly where we are right now. Would you comment on this when you can? Please forgive all the newbie questions. I really enjoy your thread!

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