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

To: TraderMann who wrote (9586)	9/7/2010 10:34:08 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218828

My model is actually long right now, but I didn't like today's action one bit... GZ

To: TraderMann who wrote (9586)	9/7/2010 11:40:53 PM
From: TraderMann	1 Recommendation Read Replies (1) \| Respond to of 218828

GZ BTW, not saying we will break the 1040 and fall off the edge of the earth (I think it will be contained to the 1070 if there is no panic), just saying I see another slight pullback (in big picture) before we retest 1150 (on the upside) on S&P. Then at that time we see where we go from there. I'm not a trader that will say we are launching off to 1250, 1500, etc. I have been trading for 22 yrs, 15 yrs full time and I'm a young 48, but feel 88 with a few diseases I have. There is way too much that can happen between now and the end of 2010 to call a retest of 1229+, way too much. We might be attacked again by Terrorists on Our land like 911, etc. Look what happened that day, many were expected it to continue up and away and before the open of the market futures went from being way high to lock limit down (I took a bath that day, like many other traders). Sorry for the lenght...I get carried away sometimes late at night. :)