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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 660.08-0.8%Nov 18 4:00 PM EST

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To: Keith Feral who wrote (39149)10/19/2012 10:05:12 AM
From: GROUND ZERO™  Read Replies (1) of 218939
 
You're right about corn last year, but unless it's a strong seasonal weather phenomenon, I don't know how much influence it would have on this year's crops... also, I agree, the SP weekly chart looks very solid, but near term it looks weaker than I had expected, no real follow through to the upside after the confirmed buy signal... I went short yesterday based on my near term indicator, I might just stay short into next week and see if this decline develops into something more serious..

GZ
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