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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 660.19-0.8%4:00 PM EST

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To: Paxb2u who wrote (30801)4/13/2012 11:51:25 AM
From: GROUND ZERO™  Read Replies (1) of 218925
 
The model is short, but I'm not going to press the short side, if I were actually forced to make a trade, I would actually want to go long... this market could certainly break down significantly but the FED is also watching it and in an election year the political machinery is not going to make oscumbag look bad... it could go sideways and/or chop up and back, but I'm not going to play that game... this is why I decided not to mess with it until I see a new buy signal... I suspect it will eventually appear and the rally will resume just when everyone thinks this market is about to crash... meanwhile, I'm shorting all bond rallies and covering the positions with options...

GZ
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