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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 692.27+0.3%Jan 15 4:00 PM EST

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To: penthouse mike who wrote (32910)5/31/2012 11:00:04 AM
From: GROUND ZERO™  Read Replies (1) of 221849
 
The sell signal is triggered as soon as the market trades a few ticks below that sell price... the close only gives the confirmation... I wouldn't add on the close, only if/when the initial sell signal itself is triggered... by the time the market closes, if the signal is confirmed on the close, then prices could be so much lower that it would be too risky...

GZ
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