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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: SGJ who wrote (30478)4/1/2012 6:54:48 PM
From: GROUND ZERO™  Read Replies (1) of 219194
 
Yes, good point, but honestly, I'm not worried about missing 120 points... I'm very comfortable and very satisfied, I think the richest cream is already taken out of these markets for this seasonal rally, there's not much left but skim milk and water... if I'm wrong, so what, I don't care... I've been doing this for more than 40 years, so another 120 points before the season top is insignificant to me... realize that I'm not at all saying we already reached a top, I'm only saying I don't find it vital for me to remain long at this point of this rally, we'll probably still inch higher for another few weeks but I'm happy right now, I'm not greedy... my model is still long at the moment, but I'm waiting now for the next sell signal which I believe will eventually come, they always do...

GZ
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