Buy and Sell Signals, and Other Market Perspectives Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

SPY 677.58

-2.0%

Jan 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: penthouse mike who wrote (42329)	12/21/2012 8:46:29 PM
From: GROUND ZERO™	Read Replies (2) of 222124

I'm going to exercise executive privilege here and keep the model long... the mini closed above the sell price while the big contract didn't, the mini is far more liquid than the big one these days... this is what happened last week and a buy signal was almost immediately triggered the very next morning... interestingly enough, if we called the sell signal confirmed according to the big contract, then the lows made last night already hit the major downside VP and rallied back up... also, there is so much more volume in the mini these days than there is in the big contract, and this exact same thing happened last week with a close in the big contract below 1410.00 only to get a buy signal the very next morning automatically... so, I'm going to call it a rejected sell signal... I can only be right or wrong, but I think this decision is sound and reasonable and defensible based on the data I have available to me right now... GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next