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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 (35887)	8/2/2012 4:20:49 PM
From: GROUND ZERO™	Respond to of 221766

Yes, another very good trading day... yes, I suppose you could say my near term indicator is in neutral right now, it's no longer over bought as it was two days ago, but there's not enough downside to give a buy signal yet... so, I'm already more than happy with the trade, so I took the money and closed the positions... I can enjoy the evening without worrying about what might happen overnight... I don't plan to re-enter the short side again unless I get a model sell signal... this is still just a pull back in an up trend and the pull back may be over today, I have no clue, so I'll just wait for the next signal before i move again... I bought the dollar earlier today, but I also sold that, I'm now comfortably flat for the evening... GZ

To: penthouse mike who wrote (35887)	8/2/2012 4:33:22 PM
From: GROUND ZERO™	Respond to of 221766

I just bought some gold, a very light long position here in the after hours market... GZ

To: penthouse mike who wrote (35887)	8/2/2012 4:48:30 PM
From: GROUND ZERO™	Respond to of 221766

I just dumped the gold minutes later, I don't like holding gold right now, not with this market looking so vulnerable... GZ