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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 (10293)	9/22/2010 10:37:39 PM
From: TraderMann	Read Replies (1) \| Respond to of 218768

GZ, that is what I have been saying for the past week or so. The rubber band (market) is stretched near breaking. A pullback is way overdue (doesn't mean it has to), but the TA supports it. I hope we get a popup at the open as we have done the past few days and I will take my 5-8 pt. profit and probably look to get short again.

To: GROUND ZERO™ who wrote (10293)	9/23/2010 12:46:01 AM
From: Wayners	Read Replies (2) \| Respond to of 218768

There are two ways to look at the chart. It's either just beginning to trend higher for the first time in what, 8 months?....or as it's done again and again and again, it's oscilating between highs and lows and oscilators as indicators work very well. I'm betting on resistance holding once again. You have to. If you are in the opposite camp approximate an uptrend line going forward at a REASONABLE slope and if it goes below this, sell it.