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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 (23600)8/15/2011 6:20:30 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219113
 
The market dropped so fast that it now has to wait for time to catch up with price... or catch down with price...<g>

The market has done nothing to require the buy point to be moved lower any faster, although sometime that does happen, but not in this case yet... while this could well be a significant low and the market could rally to new highs, officially and according to my model this is still a bear bounce... remember, the model went short at 1320.60, so it still has a respectable cushion on this trade...

GZ