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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.83+0.6%Dec 22 4:00 PM EST

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To: penthouse mike who wrote (44980)2/1/2013 4:50:15 AM
From: GROUND ZERO™  Read Replies (1) of 220526
 
The ceiling for today, Friday, is 1515.20... this market is getting squeezed into a corner... of course, this market could do anything with the FED QE and the model is still long, there is no sell signal trigger yet or since, just that this market is getting trapped at the ceiling with the flood waters rising rapidly... for me, it's going to be very interesting to see how this market plays out between now and the 6th... will it blow through the roof and keep going or will it trip over itself and sell off for February... we'll see, as they say, stay tuned...<g>

GZ
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