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 683.70

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To: penthouse mike who wrote (51609)	6/10/2013 4:48:26 PM
From: GROUND ZERO™	Read Replies (1) of 219733

I still think we'll see that buy signal, but I certainly can't ignore my own good advice and hold a long position with a failed buy signal... so, I fully hedged my longs with enough SPXU to keep me covered and probably more short than long until the signal is again triggered and confirmed... buying enough SPXU was much simpler than to unwind all the longs I bought today... if the signal is again triggered, then I'll just lift the hedge... GZ

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