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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: Ontherise who wrote (25647)10/13/2011 1:11:01 PM
From: GROUND ZERO™  Read Replies (1) of 218627
 
To give you a better answer to your question regarding downside, I first got that minor sell at the minor VP yesterday, so I would expect to see weakness today... right now at this point, I have no idea if this is now the beginning of something greater and the market will begin a more serious slide or if today will be it with maybe a lower opening tomorrow before the rally resumes... all I do know right now is that I dumped everything yesterday on that failed second buy signal and will keep my eye on the action to see if the market can stabilize somewhere... either way, I'll definitely post my trade here at that time... officially, my model is still long...

GZ
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