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

To: livelongandprosper who wrote (9927)	9/14/2010 1:39:19 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 222444

Yep, the VP is 1122.30, and that is exactly today's high, how do you like that? Now, we should expect to see some selling, but this is not in any way a sell signal, just a warning not to buy at that price level right now... it only means the market has reached it's maximum upside stretch point until it can back off and digest its gains before the rally could resume... if the selling becomes heavier than expected, then we'll see a sell signal within another day or so... GZ