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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 (11852)	10/28/2010 12:48:29 AM
From: TraderMann	Read Replies (1) \| Respond to of 220826

Time will tell! Now I'm short-less and hanging low!! :-) Now I'm on board w/ u for a ride that looks like will take us thru that 1200+ area (up & down that is, but it looks to be steep enough that I will not play this noise). This is what I see unless some unexpected thing slaps us against the head. I see us putting in a new yearly high before any significant pullback. There is that slight possibility that we could have another dip to that 1150 level I kept referring to. I have kept some power dry just in case and if so I will add to the longs bought today. But the more and more I looked at the TA and charts and when the SP bounced again at the upward sloping trendline from the 2009 low (3rd bounce in this "noise"), that was what I needed to see (strength) that would push me to pull the trigger, protecting the pile of cash on the table that I did not want to give back. Just hope this is not greed talking! :)