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 691.66

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Jan 16 4:00 PM EST

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To: Peace who wrote (75990)	10/22/2015 6:21:25 PM
From: GROUND ZERO™	Read Replies (1) of 222044

Smart move, I agree, this market is incredibly over bought, but the trend is likely higher from here... I also dumped most everything and kept my EQ spread... for the ease and worry free strategy, I can't find anything better than the EQ, it fits me nicely... I think we'll move lower tomorrow just to adjust back to some normalcy, maybe tomorrow and Monday just to shake out some nervous buyers who bought late this afternoon... Just by the way, if you notice, the DOW has now completed a measured move exactly to the point... from the August low to the September high is the exact same number of points from the late September low to today's high... I find that more than interesting... GZ

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