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 684.84

+0.6%

Dec 22 4:00 PM EST

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To: penthouse mike who wrote (45410)	2/6/2013 8:00:01 AM
From: GROUND ZERO™	1 Recommendation Read Replies (3) of 220518

I went short at 1508.00 yesterday, I think I posted that to you late in the day... my plan is to stay short... the SP cash and the VIX still have the divergence pattern intact, therefore this is not a market environment to be bullish... so if yesterday's rally has no follow through today, then it could have been the final death rally before a decline... either way, if I get stopped out of my short today, I will not go long... I'll just have to wait for the next bus... I will not chase this market higher, it's too dangerous and definitely not worth the risk... I believe anyone who buys this market today and makes money is more lucky than smart... my model is smarter than I am, so I'm just doing what it tells me to do... GZ

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