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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 (36312)	8/13/2012 4:46:53 AM
From: GROUND ZERO™	Respond to of 218718

It's still on a buy, but it's a risky buy, I first called it an aggressive buy, but I think that could be misleading... so, yes, it's still on a buy but this buy occurred in over bought territory, so I've renamed it to be more accurate as a risky buy, since the word aggressive could be misconstrued...so, I decided to go short for the following two reasons... 1) Prices are still at the VP and have not broken higher from there, and 2) The near term indicator is still overbought... Therefore, I suspect this market is still highly vulnerable to a pull back... GZ