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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 (30839)4/15/2012 8:29:29 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218920
 
Hi Mike, I'm going to see what it does in the morning and how it behaves through the day... here's my plan for the TBT, if it looks like TBT will close below the morning opening, then I'll dump it... otherwise I'll give it another day... for the SP's I'm going to reinstate a short position on any reasonable rally tomorrow, hopefully the markets will close firm tomorrow and give me a good place to short... Mondays are the best for up markets, then later in the week are less positive, this is just a broad general statistic... also, from the 1st to the 19th of the month, markets tend to rally, then from the 19th to the end of the month they tend to sell off... so, tomorrow is Monday but entering the latter upward bias...

GZ