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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: penthouse mike who wrote (40565)11/17/2012 3:13:06 AM
From: GROUND ZERO™  Read Replies (2) of 219452
 
Okay, let me give you an update of sorts... I had some heavy duty PC problems yesterday afternoon until late into the evening, finally I believe we now have it corrected although it took some tech people to fix it through remote access, remote access is truly an amazing thing, it certainly replaces the old fashioned house call... heck, it's a service I pay for annually with these tech people, but I never really needed their help, they were amazing and got the problems completely resolved, I hope...<g>

Anyhow, i went completely flat on the close, this was about 3 minutes before the PC went wacko... I think I was right in the first place about a bottom of sorts, and that 1348.00 buy was the saving grace for the day, it covered the day, well, almost... the last short position cost me over two hundred bucks, but I can easily live with that kind of day if I have to...

The main model is still short but the time frame is getting old and I now have a new deadline date and downside VP... so, I think this market is beginning to turn higher, and I'm beginning to suspect that this low is an important low...

The NT hs actually turned slightly lower into the close, but not enough to be meaningful right now so no email alerts need to be sent out...

My plan for Monday, providing these markets don't just open gap up and rally to the moon, is to buy a portfolio of various market indices, e.g., the SP, DOW, RUT, SOX, NAZ, and the FAS... and hold it until a main model buy signal is actually triggered... at that time I will add on all those positions...

Have a great weekend!!!

GZ
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