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 675.37

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To: penthouse mike who wrote (31161)	4/23/2012 4:22:19 PM
From: GROUND ZERO™	Read Replies (1) of 218382

Hi Mike, here's what I did into the close today... I'm holding long DOW, long SP's, and long NAZ, and I'm short the Russell 2000... and I will hold these positions until either the market breaks down lower at which time I dump my longs, or if we get a buy signal this evening, then I will cover the short RUT... the main reason i'm taking these long positions now is because we're at the deadline for the selling and we're closing just at the buy point confirmation for tomorrow... it can still go either way, but there seems to be a bias at the moment for a move back up... so, we'll see, I'll let the market tell me what to do... I also went long the gold today... GZ

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