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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 (30721)4/11/2012 2:15:36 PM
From: GROUND ZERO™  Respond to of 219202
 
I really don't like to pick a target, I just follow the markets and let it tell me what target it wants to hit... but, if I had to guess, I think we could drop down to the 125ish level, that's a good drop from the current 140ish level today... we get economic numbers tomorrow morning that could change everything dramatically, so we'll see, and that's why I don't pick targets... if bonds break the135ish level, then we could see 125 in a hurry...

GZ



To: penthouse mike who wrote (30721)4/11/2012 2:51:02 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 219202
 
I just dumped all my longs right now, my model is short, I'm not going to press this rally any further until I get a new buy signal... I'm staying short the bonds...

GZ



To: penthouse mike who wrote (30721)4/11/2012 2:59:04 PM
From: GROUND ZERO™  Respond to of 219202
 
I decided here to re-short the SP's with a stop today above today's highs...

GZ