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 689.17

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Dec 11 4:00 PM EST

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To: Brian Sullivan who wrote (50995)	5/30/2013 2:32:59 PM
From: GROUND ZERO™	Read Replies (1) of 220052

(gulp)... Don't go by me, I could be very wrong, I'm only explaining my own position which is lightly short with a written put with a high Delta so I don't get hurt if this market keeps going... But, in any case, at some point, this market is going to stop moving higher and we could see a mammoth lower opening here by the time our markets open... I've seen that happen so many times before that I fully expect it to happen again when/if we do hit some peak... Either way, my model is still long for now... right now, there are just too many warning signs flashing extreme caution, so I just can't see remaining long with such complacency... GZ

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