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 677.48

+0.3%

Nov 5 4:00 PM EST

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To: giddy guru who wrote (7918)	7/22/2010 3:24:50 PM
From: GROUND ZERO™	Read Replies (1) of 218450

For those who don't realize a new up leg has just begun today, this looks like an overbought market and they're shorting it... this is exactly what the model does, it gets you into a new trade correctly just when everyone else is betting the other way... people are going to short this market all the way up... all of them will cover at a loss and fuel the rally that much farther... GZ

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