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 692.76

+0.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: penthouse mike who wrote (43699)	1/11/2013 6:31:24 PM
From: GROUND ZERO™	Read Replies (1) of 222415

I think you were the smarter one, I would have no problem holding the short side as a hedge over the weekend... for Monday, we would need a close below 1455.00, and for Tuesday, just looking ahead, we would need a close below 1461.90, that's not all that far from where the market is now... I think time is running out and according to Carl Swenlin, a market tech guy for whom I have the greatest respect, says he thinks a significant market top may well occur within another week or two at most... Message 28658821 The only remaining higher VP is at 1467.80, that's not too far from today's close... another 9 point rally on Monday, if we're lucky enough to get one, then I'm going flat all stocks and will sit it out until I get the next clear signal which will be a sell signal... GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next