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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 (31610)5/4/2012 9:38:51 AM
From: GROUND ZERO™  Respond to of 218838
 
Flat the SP's after that little quickie this morning, but I'm still very much short the Russell 2000 and the SOX Index...

Now, I'm waiting for my sell signal, which I suspect will be triggered by early next week, if not sooner...

GZ



To: penthouse mike who wrote (31610)5/4/2012 9:48:57 AM
From: GROUND ZERO™  Read Replies (4) | Respond to of 218838
 
FOR TODAY, MY MODEL HAS A TRIPLE SELL SIGNAL PENDING, SO TAKE YOUR PICK...

1) A CLOSE TODAY BELOW 1370.90 WOULD CONFIRM THE FIRST SELL SIGNAL...

2) A CLOSE TODAY BELOW 1369.70 WOULD CONFIRM THE SECOND SELL SIGNAL...

3) A CLOSE TODAY BELOW 1367.80 WOULD CONFIRM THE THIRD SELL SIGNAL...

TAKE YOUR PICK... LOL!!!

GZ



To: penthouse mike who wrote (31610)5/4/2012 10:12:52 AM
From: GROUND ZERO™  Respond to of 218838
 
Another highly reliable wiggle pattern, and those patterns are just so rare...

GZ



To: penthouse mike who wrote (31610)5/4/2012 10:41:07 AM
From: GROUND ZERO™  Respond to of 218838
 
Mike, I went short at 1372.00, probably the worst time to short since we could rally off the sell point, but I think we're going to see that sell signal triggered either way...

GZ