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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 (34965)7/13/2012 2:24:06 PM
From: GROUND ZERO™  Respond to of 221735
 
Thanks, and yes, if the market holds these gains, then I plan to hold for a few more days, I think we'll then see more upside next week... call me crazy, but I wouldn't be at all surprised if we already saw the lows for the selling and now we're on to new highs for this rally...

Also, I just bought the DOW transportation ETF, symbol IYT, I think it also looks very promising in addition to the major stock indices... and I also bought FAS, which I already mentioned to you, that's a 3X leverages Russell 1000 financial sector... it looks very promising from here, provided, of course, the market continues its rally...

GZ



To: penthouse mike who wrote (34965)7/13/2012 3:22:21 PM
From: chartseer  Read Replies (1) | Respond to of 221735
 
I hate being long over the week end. The world may end and if that happens I want to go out being short. Very tempted to sell all my longs at the close just in case.



To: penthouse mike who wrote (34965)7/13/2012 3:29:55 PM
From: GROUND ZERO™  Respond to of 221735
 
Holding my long gold, but I sold my silver for a small profit, I'm not impressed with the silver action...

GZ



To: penthouse mike who wrote (34965)7/13/2012 3:47:02 PM
From: GROUND ZERO™  Respond to of 221735
 
Still long gold, but I went short silver...

GZ



To: penthouse mike who wrote (34965)7/13/2012 3:58:59 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221735
 
Okay, I also dumped the gold, so I'm flat gold and short silver... long SPs, FAS, and IYT...

GZ