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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 (36051)8/6/2012 3:17:04 PM
From: GROUND ZERO™  Respond to of 218532
 
I'm actually long both, and also long the $SOX, but I especially liked the NAS since it looked like it was doing better on the up days percentage wise and it has a stronger looking daily chart, which first caught my eye...

By the way, my near term model is moving more and more into overbought territory as the day goes on even though the market isn't going anywhere, but no sell signal yet...

GZ



To: penthouse mike who wrote (36051)8/6/2012 3:59:28 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218532
 
No signal, but I'm going flat everything right now...

GZ



To: penthouse mike who wrote (36051)8/6/2012 4:14:09 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218532
 
Now lightly short, no signal but the market is up against the upper BB for two days now, I'm not comfortable being long...

GZ



To: penthouse mike who wrote (36051)8/6/2012 4:42:33 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218532
 
FOR TUESDAY, A CLOSE BELOW 1387.50 WOULD CONFIRM A NEW SELL SIGNAL...

GZ