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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 (37175)8/30/2012 4:08:32 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218833
 
Yes, everything is fully short these market... in fact my model is going to give a new major sell signal advisory for tomorrow, I'm going to post it when I finish crunching the numbers right now...

GZ



To: penthouse mike who wrote (37175)8/30/2012 4:19:12 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 218833
 
FOR FRIDAY, THAT'S TOMORROW, A CLOSE ABOVE 1408.50 WOULD CONFIRM A NEW MAJOR MODEL BUY SIGNAL... ALSO, A CLOSE BELOW 1402.80 WOULD CONFIRM A SECOND MAJOR MODEL SELL SIGNAL... THE FIRST SELL SIGNAL WAS TRIGGERED ON 8/20 AND THE MODEL IS ALREADY SHORT ON THAT DATE FROM 1417.90 AS POSTED ON THE THREAD...

This market is currently trapped between two signal prices, which ever way it breaks will very likely be the new trend for this market... the above mentioned sell signal will be triggered on the opening of this evening's session unless the market opens above 1402.80...

GZ



To: penthouse mike who wrote (37175)8/31/2012 8:34:42 AM
From: GROUND ZERO™2 Recommendations  Read Replies (2) | Respond to of 218833
 
Reversed to long the SP here this morning... I'm anticipating a major new buy signal...

EDIT: WOW!!! And in just the nick of time...

GZ



To: penthouse mike who wrote (37175)9/1/2012 6:12:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218833
 
After all is said and done, and after all the bernanke hoopla from yesterday, the model is still short and nothing has changed... in fact, the buy price has moved further away from the markets as a result of yesterday's volatility and the recently confirmed sell signal is still very much intact... I'm short and will remain short until the next main model buy signal appears once again and/or the near term indicator moves into oversold territory and then gives a buy signal near a main model VP...

GZ