Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 671.91

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Nov 14 4:00 PM EST

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To: penthouse mike who wrote (40778)	11/27/2012 9:27:57 AM
From: GROUND ZERO™	Read Replies (1) of 218857

What I'm watching for today is a close below 1399.00... that would be a rejected second buy signal which would occur at a major VP... it would also accompany a NT sell signal in over bought territory... lots of ifs here, but this is what I would need to see before I feel comfortable going short here... anything could happen, we could also finish the day much higher instead, who knows, but if the above prerequisites actually unfolded, then I would take a short position with little hesitation... GZ

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