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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: penthouse mike who wrote (39885)11/6/2012 6:23:57 AM
From: GROUND ZERO™  Read Replies (1) of 218828
 
Well, the futures are higher this morning, but I did get a solid night's sleep last night, that was well worth the trade off, missing a few overnight points means nothing to me... I personally don't need to stay in a position overnight to take advantage of my models, I think you already know that from how I trade... I never like getting married to any position, I can always get back in at any time, I can always find a comfortable place to re-enter... I also think Keith Feral is right about the real rally beginning closer to Thanksgiving... initial starts typically stumble because too many people pile on too quickly and these markets will not travel with everyone weighing it down...

This attached chart linked below is definitely encouraging... and now that I had a chance to think about your comment, I realize my skittishness has everything to do with the fact that these markets have been manipulated for so long now, that I find it difficult to believe it could still move higher without a legitimate correction... but, as usual, I could be wrong... clearly enough, my models have been right and I shouldn't have to think at all despite the fact that I am human and tend to over think... LOL!!!

Message 28525121

GZ...
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