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


To: re3 who wrote (91726)12/1/2009 10:43:22 AM
From: GROUND ZERO™  Respond to of 94695
 
If the SP's do not close above 1135.13 (say 1135.20 since there is no 1135.13) in the December futures contract on December 16th, then I'll have a sell signal that would indicate that a top of some proportion is in place... I will be short... if that happens, then I could get a buy signal very soon thereafter or maybe not for several weeks beyond that date... it depends on what the market does at that time, I can only look around one corner at a time... right now I'm only watching for that particular time/price event...

GZ