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


To: penthouse mike who wrote (29174)2/24/2012 2:57:02 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223440
 
You have to ask that question? LOL!!!

Let's just hope that doesn't happen... but if it does, I'll probably stay long since the more precise figure is 1362.05... I only rounded it up to accommodate the futures price ticks since they don't have a .05 and so it would have to close at 1362.00 for a legitimate sell signal, therefore below 1362.10... typically, the market never really closes right on the price, it usually takes one side or another... and also, it is not by accident that this particular price is causing consternation in the market today, it's a very critical price point for this calendar date... if we do get a sell signal, then I would also suspect that gold and silver would also decline for a while...

GZ