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 681.89

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Oct 31 5:00 PM EST

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To: Kirk © who wrote (7927)	7/22/2010 4:09:23 PM
From: GROUND ZERO™	Read Replies (2) of 218290

Thanks Captain Kirk... you will notice that on new buy signals the market explodes higher that day... and on new sell signal the market melts down that day... that's how you can tell the signal will be a good one... these signals will get you long just when everyone else is going short for all the wrong reasons, and the signal will get you short just when everyone else is buying the dip for all the wrong reasons... all the reasons are wrong because the model tells you that we no longer have a normal "pull back" but a legitimate change in market direction... therefore, today is the first day of the new rally... we will run into our first overhead resistance at 1123.30 (give or take a few ticks) and this rally is scheduled to end no later than Friday August 20th unless this market is above 1123.30 on that exact calendar date... Bookmark this post for later reference... Beam me up, Scotty!!! GZ

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