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


To: Al Greenleaf who wrote (7773)7/21/2010 10:07:39 AM
From: GROUND ZERO™  Respond to of 220476
 
Yes, it appears that way, arrogance before the fall, people like that eventually learn the hard way, it's all part of growing up...

On the markets, yes, the original sell signal is still in place, we have a possible buy signal if we trade above 1090.40 today... a close above that price today will confirm the signal... just looking at the tick action, it seems these markets want to move higher now, I suspect we'll get that buy signal soon enough, possibly within the next day or two...

GZ



To: Al Greenleaf who wrote (7773)7/21/2010 10:14:13 AM
From: GROUND ZERO™  Respond to of 220476
 
I forgot to mention, if we do trade above that 1090.40 today, then we should expect to see some spirited buying and short covering, there must be tons of buy stops above that level...

GZ