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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (4968)6/2/2010 5:09:41 PM
From: Copeland  Read Replies (1) | Respond to of 220104
 
So if we close, say at 1089 tomorrow, does that invalidate the signal?



To: GROUND ZERO™ who wrote (4968)6/2/2010 7:13:48 PM
From: Gary105  Read Replies (1) | Respond to of 220104
 
Good news! FYI it will take 1110 to have P&F S&P buy signal (still in bearish mode, although Dow is in bullish mode)



To: GROUND ZERO™ who wrote (4968)6/2/2010 7:36:19 PM
From: Peter V  Read Replies (1) | Respond to of 220104
 
does your model account for trading volume? Some have said this rally has no teeth due to the low volume.

Your thoughts?



To: GROUND ZERO™ who wrote (4968)6/2/2010 8:37:10 PM
From: DebtBomb  Read Replies (1) | Respond to of 220104
 
Good gosh....we still have not closed up two days in a row on the SPX since April!
However....it is typical action in a buy wiggle.
Just an observation.
I think....just closing up two days in a row on the SPX is a good buy signal all by itself. LOL.
We need follow-through.


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