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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: Keith Feral who wrote (40647)11/20/2012 1:39:12 PM
From: GROUND ZERO™  Read Replies (1) of 218911
 
I think it may be reasonable to expect all these markets to move lower if this selling continues into the close, who knows...

Here's what I have today so far: two consecutive days of a rejected main model buy signal, my NT indicator is about to issue a sell signal, and the VIX is sitting on the lower BB... if we close weak today I think all bets for a rally are off... just my nutty hunch...<g>

I'm already lightly short the SP, and I think it could turn out to be a good trade... but, let's see if we rally later today...

GZ
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