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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 (35120)7/17/2012 1:03:36 PM
From: GROUND ZERO™  Respond to of 222478
 
The indicator is just flat right now, not bullish or bearish...

GZ



To: penthouse mike who wrote (35120)7/17/2012 1:08:54 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 222478
 
The near term indicator is not something I use to make trades with during the middle of the day... i only use it to short on the close if the sell signal is intact on the close of the day when the main model is long... or if the buy signal is still there on the close when my main model is short... otherwise, what it does during the day is almost meaningless... it's very sensitive and only gives a sell signal when we're nearing a top of sorts, that's the only reason I mentioned it at all today... otherwise, it takes several days or a week for this signal to appear... and at this very moment, there is no near term sell signal pending...

GZ