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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 (34430)	7/1/2012 9:55:02 PM
From: GROUND ZERO™	Respond to of 220889

There are a couple of things I plan to watch tomorrow... since we opened higher this evening, if we close lower tomorrow, then my near term model will give me a sell signal ... also, if cash opens tomorrow below Friday's high and never rallies above Friday's high, then we'll also have divergence between cash and futures, this is also bearish... so there are at least two things to watch for tomorrow... if both occur, then I'll stay short at least until Tuesday... if we rally strong tomorrow, then I might just cover and re-short on the close... GZ

To: penthouse mike who wrote (34430)	7/2/2012 11:41:10 AM
From: GROUND ZERO™	Respond to of 220889

Covered 1/2 my short position here and placed a break even stop on the other 1/2... GZ

To: penthouse mike who wrote (34430)	7/2/2012 1:23:01 PM
From: GROUND ZERO™	Respond to of 220889

I covered all my short positions and went long, I also went long gold and silver here although I have no model buy signal for gold yet, but the chart is constructive here... GZ