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


To: Gary105 who wrote (22784)8/4/2011 6:39:13 AM
From: GROUND ZERO™  Respond to of 220355
 
Thanks, you can see why I have no hesitation about posting my buy and sell signals in advance and openly, I see nothing better market timing model anywhere, it picks every top and every bottom every time, minor and major...

We both have the same kind of impression for these markets, I also did some more study this morning... I think if yesterday's low can hold for a day or two, then I think it is the bottom at least near term which could take these markets back up to their recent highs... it's important to watch it for the next two days... my 4 year chart shows the SP's hit a significant support area at yesterday's low... if that breaks, then it's going to continue lower... there's really not much to hold up these markets right now... so yesterday's low is the real line drawn in the sand, a close below that price will definitely be the kiss of death for this market... the only positive thing I can see is that everyone is so gloomy, yet an official buy signal is nowhere in sight, not even with strong binoculars...

GZ



To: Gary105 who wrote (22784)8/4/2011 6:47:04 AM
From: GROUND ZERO™  Read Replies (3) | Respond to of 220355
 
Futures are now below yesterday's low...

GZ