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

To: Joe Smith who wrote (34907)	7/12/2012 7:23:27 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 221961

Sure, but it's not new, and it's not typical but it has happened before on a rare occasion... sometimes my model would go flat, and sometimes, although very rarely, I need a second confirmation... simply stated, the futures needed to close today also below 1322.40, I didn't know that until after the markets were closed, you can't crunch numbers until you have closing numbers to crunch... the market traded below that price but did not close below it... so when I noticed the non confirmation for that price, this non confirmation nullifies any sell signal we had today... I suppose a more simplified model would be easier to understand, but it wouldn't be reliable or valid or as profitable... GZ