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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 (25692)10/16/2011 9:13:43 AM
From: Gary105  Read Replies (2) | Respond to of 222561
 
It will be interesting if sell signal is triggered on either Friday or following Monday to coincide with next Sunday's meeting of European leaders to address Euro zone crisis. Personally I think that will be the trigger for a retreat as market is closing in on upper Bollinger Band. The retreat will either be a modest "sell on the news" retreat if their plan is viable or it will be a deep pullback if their plan is weak. BWDIK