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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.01-0.1%Dec 30 4:00 PM EST

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To: penthouse mike who wrote (45337)2/5/2013 10:10:05 AM
From: GROUND ZERO™  Read Replies (2) of 220921
 
I think we've probably seen the last of the sell signal for today... and there are no others in sight... $85 billion of funny money pumped into this market every month does wonders for this rally... I might as well just stay long and enjoy the ride for as long as it lasts, until the next sell signal emerges... frankly, right now, there are none left and there are no more overhead VP's scheduled... this is a dangerous market environment, but I won't argue with it... the model remains long, so I'm just staying with it... (gulp)...

I really don't mind the few point ticks whip, it was well worth the cost of insurance just in case this market really did collapse...

GZ
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