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 670.21

-1.1%

4:00 PM EST

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Machaon

Mevis

To: Peace who wrote (109990)	8/16/2018 7:16:05 PM
From: GROUND ZERO™	2 Recommendations Read Replies (1) of 218514

I'm heavily short the SOXX... I agree, $SOX looks perilously weak so we'll see what actually happens tomorrow... I know these markets can turn rapidly, so whatever it does is okay with me... The weekly ratio is still deep in the sell zone and tomorrow is already Friday... it would take a near miracle to move the needle into the buy zone by tomorrow's close, but who knows with these markets... Maybe today was that rally opportunity to reinstate the short positions... I'm also short the SP from 2847.00 again... GZ

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