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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 685.69+0.2%Dec 5 4:00 PM EST

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To: penthouse mike who wrote (39297)10/23/2012 6:31:43 AM
From: GROUND ZERO™  Read Replies (1) of 219731
 
Yes, I bought the second position at 1418.90 as posted yesterday, so I'm back to even on that one... I was very happy to see the market rally off this level yesterday, obviously we can see how important this level is... but I don't like that it came back down to it this morning, not a hopeful sign, we may just see another sell signal... and it could be a hard sell off... we'll have to see if it holds this morning... a close today below 1417.90 would confirm a new main model sell signal...

GZ
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