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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 (14422)3/10/2011 9:27:43 PM
From: KingHigh4 Recommendations  Read Replies (1) | Respond to of 220752
 
GZ:
First time posting here. I have been following your thread for some time. I am amazed at the accuracy of the system you discovered. Kudos for sharing your signals with us.

I am trying to figure out the significance of your vertical prices. I understand they are not targets. If I understand correctly, they are levels that are expected to be met by specified deadlines. For example, on Feb 23 your posted "THE NEXT LOWER VP IS 1291.20 DUE NO LATER THAN THURSDAY MARCH 10TH ..."

[url]http://siliconinvestor.com/readmsg.aspx?msgid=27188643[/url]

That is especially tricky, since the March contract did not touch that vertical price today but the June contract did. Does your system stay with the front month all the way through expiration? Does the fact that one contract closed above and one below change how you plan to trade this? Or was that vertical price nullified after we had the failed buy signal?

Thanks in advance for the explanation. Your thread is one of the best on this site.