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


To: captaintime who wrote (5714)6/12/2010 8:54:20 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218494
 
Their tech analysts agree with you if the SP can sustain a few strong closes above 1110.

If we ever rally above 1110 it would be too late for them to agree with me then, although it's nice to see "experts" agree with me... but respectfully, there's some confusion so please allow me to clarify... my model doesn't try to call tops and bottoms but only changes in direction... by the time we get to 1110 I may have a sell signal, or this rally could run to 1300, who knows, I certainly don't...<g>

Yes, I agree, there's a ton of cash on the sidelines, and I suspect that if we get a sustained rally that cash will begin to fuel the rally even further...

GZ