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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 (32830)	5/30/2012 6:21:22 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218639

Good Morning Gary, great question, as of this morning, most oddly enough, I have a failed second buy signal which would otherwise have been triggered this morning, this would have been a second buy signal... this is not a good sign since this actually puts the model into neutral and flat as of this morning, neither long nor short... this is a very rare occurrence, much like the triple sell signal which occurred last time, that also was a very rare occurrence... either way, I rely on my model to keep me out of serious trouble, so I'm going to say the model should be flat as of this morning pending either a new buy or new sell signal, which ever comes first... for today, a close below 1297.90 would confirm a new sell signal... a close today above 1331.50 would confirm a new buy signal... GZ