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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.40-0.5%4:00 PM EST

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To: GROUND ZERO™ who wrote (22325)7/28/2011 11:24:33 AM
From: robert b furman  Read Replies (2) of 221775
 
Yup,

Although yesterday had the look of capitulation.

It not following through is very positive.

Ewavers have called yesterdays fast decline a possible v of C in a flat that has lasted since 5/2/11 coming down from 1370.58.

IF that's true,we'll have a very powerful 3 0f 3 Of 3 that should blast us well into new highs!!

screencast.com

I bought some QQQ yesterday and they've recovered nicely so far - I bot a bit early.

If this runs up to new highs $NDX has been the leader and it should be a quick new high for it! I hope.

screencast.com

Don't ever let me say this is EASY MONEY !! LOL
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