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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: jitka who wrote (87044)	4/8/2009 10:49:03 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Thanks, my timing models are a result of many years of work and research on market behavior... part of my model is longer term and some are more near term... the longer term component is still on a buy signal from a few weeks ago, but the near term components are telling me that these markets are still very overbought as a result and that it would be very difficult to rally right now, the market is demonstrating exactly this by struggling with every inch higher... this doesn't mean we can't rally and make new highs later today, but just that it would be a whole lot easier if it weren't so over done on the long side already... GZ