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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 (34864)	7/12/2012 1:32:10 PM
From: GROUND ZERO™	Respond to of 222544

Good question, but no, I plan on holding my new longs for another day at least, I think we've seen the lows for a while... at this point, it would take a lot of selling pressure for the rest of the day to undo my near term buy signal... I think we could see a surprise rally from here, that's my bet... I know my model turned short today, that's okay, i may re-short tomorrow afternoon or whenever, but right now I think we could still see more buying here... and if not, then I'll be short sooner... GZ