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 670.97

+0.1%

Nov 7 4:00 PM EST

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To: Vendit™ who wrote (44177)	1/18/2013 10:06:56 PM
From: GROUND ZERO™	Read Replies (2) of 218628

I spent some serious time looking over the market charts this evening... this market defies gravity... three weeks ago it had an explosive higher gap up opening on a Monday... it did nothing but rally ever since... with a quick overnight sell signal it gave a model buy the next morning and hit the major VP within a few hours... that VP only stopped the rally for just one day... if this market doesn't collapse under its own weight, then this market could gap up again on Tuesday and explode higher again... with the FED printing and pumping $85 billion into these markets through the banks every month, there's no reason the SP couldn't reach 2000 in no time flat... I've never seen such force in these markets, I may as well just stay long and not even blink... GZ

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