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 692.27

+0.3%

Jan 15 4:00 PM EST

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To: penthouse mike who wrote (46368)	2/19/2013 11:21:34 AM
From: GROUND ZERO™	Read Replies (1) of 221855

Just looking ahead, provided today's buy signal is confirmed, the new minor VP is at 1522.60 and has already been exceeded... the next higher major VP due no later than this Friday is at 1527.60... this means that we must close above 1527.60 on Friday for this rally to continue... and from the way this market has been moving and holding up recently, I think it will close above that price and continue higher... frankly, I'm actually thinking about leaving my new longs in place while I'm gone and just put a stop somewhere... that may be crazy because almost EVERY time I take a cruise, this market crashes... GZ

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