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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 (30841)	4/16/2012 7:58:34 AM
From: GROUND ZERO™	Respond to of 218931

Yes, definitely will do... frankly, I think I'm going to close out the TBT positions this morning, since the trade didn't do what I expected it to do, I'm not going to hold on hope, that would be foolish... I can always re-enter the trade again at any time, so I'm just going to dump it this morning no matter what... on the SP short, I'll most likely wait until tomorrow, as I mentioned in my previous post to you I suspect we'll see that rally today... this could be the big bottom, but I have no legitimate evidence to tell me that it is... we very well could see a rally and then new lows once again, I'll need a buy signal to make me interested in buying... either way, I'll let you know what I do... I think as long as stocks continue lower, then bonds will continue higher and trap shorts all the way up... GZ

To: penthouse mike who wrote (30841)	4/16/2012 8:05:08 AM
From: GROUND ZERO™	Respond to of 218931

Goodness, no sooner said than done!!! I decided to reinstate the short SP just after I posted my post to you, I shorted a very light position and will add on a solid rally... no doubt, this light short entry should set the rally into motion...<g> GZ

To: penthouse mike who wrote (30841)	4/16/2012 8:37:39 AM
From: GROUND ZERO™	Respond to of 218931

That was quick, stopped out almost immediately... will now wait for today's rally to complete itself... <g> GZ