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 690.27

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Dec 26 4:00 PM EST

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To: penthouse mike who wrote (44911)	1/30/2013 11:43:18 AM
From: GROUND ZERO™	Read Replies (1) of 220708

Although my main model is still long, it's very legitimate to attempt a light short here since: 1) the rally deadline is approaching, 2) the market is above the VP, and 3) the market is also very near a ceiling price... Getting so close to a ceiling price is extremely rare, I've not seen this occur in years... maybe it could pop above it, but I have to see it happen to believe it... GZ

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