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 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Gary105 who wrote (10244)	9/22/2010 6:14:47 AM
From: GROUND ZERO™	Read Replies (1) of 219166

Right now I'm looking at three separate price/dates, each one more significant than the other... The first and most near term is 1128.80, this market must close above that price this Friday September 24th... if we close above that price this Friday, then that sell signal will expire... The next price/date is 1122.30 and must close above that price on Monday October 4th in order to avoid a more significant sell signal... The third and more major price/date is 1195.50 and that date is also, interestingly enough, also Monday October 4th... Therefore, since 1195.60 is higher than 1122.30, we will have an automatic confirmed sell signal on Monday October 4 unless this rally continues at a breakneck pace... GZ

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