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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 (30072)3/19/2012 11:16:16 AM
From: GROUND ZERO™  Respond to of 220483
 
Will do... I have sell price points every day, but they're too far from the market right now to post... for example, today we'll need a close below something like 1345ish to confirm a sell signal, I'm not posting it because the market isn't near it... but, I will say this, which i posted last week, we'll need to close above 1388.00 on Thursday march 29th for this rally to continue... so, right now it looks like this market is basing for another leg higher... meanwhile, the recent buy signal is getting old and I suspect we could see a sell signal as we get close to that date... so, if I get stopped out of my own personal short, I don't plan to buy until the next signal or unless we close above 1388.00 late next week... meanwhile I remain short and keep a watch on it... I'm expecting to see some selling before that date arrives...

GZ



To: penthouse mike who wrote (30072)3/19/2012 12:41:25 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220483
 
FYI: I dumped my long bonds and reinstated the short side, it's too weak now...

GZ