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: GROUND ZERO™ who wrote (51396)	6/5/2013 4:57:01 PM
From: Lazarus	Read Replies (1) of 220518

Understood. I dont have a model... so I'm just showing you what I see. We both know that your model is based upon market action.... so while your model is short today, if the market DOES reverse, it could give you a buy signal tomorrow. Of course you KNOW that and that is why you trade within the parameters of your model rather than strictly adhere to it. Market feel, action, time of year, etc.... all says DOWN to me.... BUT.... I still see the possibility of a rally up from here. Once the lines in the charts I posted are breached then I seek to target the next leg down by looking at the charts: the equivalent of your VP points.

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