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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (23416)8/10/2011 6:17:33 PM
From: Gary105  Read Replies (1) of 219432
 
A P&F buy signal can come as early as Monday - it will require that we stay below 1170 tomorrow Then the buy signal on Monday or later will be triggered at 1180.
If we do get a buy signal the key will be strength and duration. If it is breif and weak and followed by a takeout of 1100 then we could crash big time. I've lightened up on SDS today, still with a core position. I may buy much more if the market is weak after the pending buy signal.
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