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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 (36543)8/16/2012 3:35:16 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221958
 
The near term indicator has still not given a buy today and for tomorrow we'll need to close above 1413.10 to avoid a major model confirmed sell signal, so I'm very likely going flat today and wait it out for tomorrow... if the near term gives a buy signal today, then I'll stay long, otherwise I will go flat, but not short yet...

GZ



To: penthouse mike who wrote (36543)8/16/2012 3:53:57 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221958
 
I went flat everything right now, including covering my short bonds, I was short those bonds all week, I'm now going to see if we get that sell signal tomorrow... we're now up against the next higher minor VPs, I thought it was time enough to clear the table for now on the long side...

GZ