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 680.44

+0.6%

Dec 19 4:00 PM EST

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To: voodooist who wrote (22700)	8/2/2011 7:16:56 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 220478

Well, it's not important that the market responded only minimally, what's important is how the market responds to the VP in the first place because that tell us how strong or weak it is at the time, it give a reliable reading of its inner strength or weakness... the fact that the market only held for a few hours instead of a full scale rally tells me that this market is severely weak and any rally is likely to be sold quickly... so either way, it's definitely valuable information and should be heeded... GZ

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