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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 (10819)9/30/2010 11:41:44 PM
From: TraderMann  Read Replies (1) | Respond to of 220395
 
Thanks for the info.

There is always the flip-side to all market paths. If my levels on SP do not hold, then yes ur model will get that sell signal and it will spell trouble.

With that, my downside possibility is this, if my levels don't hold, the market would sell off to the 200dma of about 1118 or so and if this does not hold, down to around 1108-1100. I feel that if it holds there and buying returns, it's load the boat time for a quick, steady ride back up. Just my 10 cents worth...