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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 (30945)	4/18/2012 9:44:06 AM
From: GROUND ZERO™	Respond to of 223871

Yes, I'm still lightly short the SP's, and I did dump the TBT again yesterday, I think I posted that I did... right now, as tempted as I am to buy the market, I'm not going to do that until I get a signal, which could come by tomorrow if we rally today... meanwhile, I'm short per my model against yesterday's high... that's my only position right now... I did buy the TBT again two days ago on the close, and we did rally yesterday, but when I went short again yesterday afternoon, I dumped the TBT at the same time... right now, everything depends on a pending signal... a stock buy signal would get me long the TBT again... GZ

To: penthouse mike who wrote (30945)	4/18/2012 2:48:55 PM
From: GROUND ZERO™	Respond to of 223871

To let you know, I just went long lightly in the DOW and the NAZ, still short the SP's with a stop... I'll add more heavily on a buy signal probably within the next two days or so, that's if we rally from here... GZ

To: penthouse mike who wrote (30945)	4/18/2012 3:07:43 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 223871

A CLOSE TODAY ABOVE 1388.30 WOULD CONFIRM A NEW BUY SIGNAL... A SECOND BUY SIGNAL WOULD BE CONFIRMED TODAY WITH A CLOSE TODAY ABOVE 1397.40... THAT'S RIGHT, TWO BUY SIGNALS NOW PENDING... GZ