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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (31082)4/20/2012 3:22:30 PM
From: GROUND ZERO™  Respond to of 224346
 
You may be so right, this market won't go down, but also it's having an impossible time getting above that buy point...

GZ



To: Gary105 who wrote (31082)4/20/2012 7:23:23 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 224346
 
My model is nearing a buy signal, but from the action and looks of this market, we will either get that signal very quickly on Monday or we're going to break down hard and fast... something has to give either way, this market can't just sit here because time is running out for the selling... so, either the selling has to resume quickly on Monday or a buy signal is in the works... it should be interesting to see what happens... if I had to take a guess, I would guess no signal and another down leg, but I really have no clue myself since I just follow my model, which is definitely smarter about these markets than I myself could ever hope to be...

GZ