Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (92974)	7/26/2011 7:01:46 AM
From: GROUND ZERO™	Read Replies (2) of 94695

I agree, I'm not going short until I get my sell signal, my buy signal came at 1259.00 and my model has been long ever since... those candlestick things are helpful, but I don't rely on them... I went short last night and covered for a few points, but I'm not going to take a serious short position until my model confirms a legitimate top, and right now we have no legitimate top... Once this debt ceiling nonsense is over, this market may well take off for yet another huge leg higher, thanks to QE3 which will pay for the elevated debt ceiling... GZ

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