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


To: Fiscally Conservative who wrote (35900)8/2/2012 10:11:47 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218448
 
Don't know, good question... personally, I think we'll rally tomorrow no matter what the numbers are, lots of people who have been short all week will probably want to cover... also, now that everyone is expecting these market to collapse, we could rally...

Another thing, the low for the SP today came very close to the sell price and rallied, this suggests a possible rally for tomorrow...

Also, my near term indicator is no long so over bought, in fact it's now in neutral territory with no signal either way...

GZ