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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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GROUND ZERO™
To: GROUND ZERO™ who wrote (66166)11/26/2014 7:48:43 AM
From: Mevis1 Recommendation  Read Replies (4) of 218642
 
It will do whatever it takes to get everyone frustrated. LOL......

Many small flags, asc triangles, handles on miner charts - with some pivot lows to enable support lines to be drawn form the recent washout lows. It's a start and provides a buy price AND a stop price which won't cause much damage.....

They (who is they? LOL) like to rally these things when everyone is distracted away from the market. Like around a holiday or other major non- market event.

Hence I am going into NUGT today as long as she holds her 9 day avg, currently at 14.84. I don't really care about the entry - as long as I can identify the stop and execute it if, necessary. Watching these ADD trading vehicles is easier if u can identify that stop and honor it. I find the 5/10 and the 9/20 the best for days/weeks holding periods.
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