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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.58-2.0%Jan 20 4:00 PM EST

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To: penthouse mike who wrote (42673)12/27/2012 4:32:45 PM
From: GROUND ZERO™  Read Replies (1) of 222125
 
Yes, exactly correct on all points... if I get stopped out of my light long SP tomorrow, then I'll just remain flat until the next main model signal is triggered, and that could be a buy or a sell, whichever comes first... I'm never in any hurry to jump the gun in either direction...

And yes, I'm still long both gold and silver, I think we're at a significant low right here... I've been in and out of that market for the past three market days, but this time I believe it finally looks good enough to hold for a longer while... hopefully, this is a major cycle low for that market and we could see a hefty rally in those metals for January and February... one can hope, anyway...

GZ
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