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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 (23970)8/23/2011 1:34:23 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 220101
 
For a buy signal today, we would need a close above 1208.00 for a confirmed buy signal, not too likely... this market has more to rally before it proves it has reached any bottom... this is just a bear bounce, according to my model, and I'm looking for another place to add to my short position... of course, the low may already be in place, but I have no confirmation of that without the proof...

GZ



To: Gary105 who wrote (23970)8/23/2011 3:51:52 PM
From: GROUND ZERO™1 Recommendation  Respond to of 220101
 
Right now I am getting a very near term buy signal, so we could rally some more from here, but not a model buy in sight...

GZ