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

To: GROUND ZERO™ who wrote (37395)	9/6/2012 9:17:41 AM
From: novice_trader_81	Read Replies (1) \| Respond to of 221951

Wow, UPRO is above 85 in pre-market trading. It looks like today could be the day I break even. If we break through the 1416 resistance level that should set us up for 1426 and beyond on the S&P. The support levels are 1397 and 1387. I feel that would be the lowest we see before we go back up...but I am hoping it is all up from here... Jobs numbers were pretty good this morning and the ECB were in lines with what analysts expected.

To: GROUND ZERO™ who wrote (37395)	9/6/2012 10:45:45 AM
From: Keith Feral	Read Replies (1) \| Respond to of 221951

I don't think it's a question of where the buy signal fails, it's how much higher the S & P goes before the next sell signal is triggered.1425, 1450 - who knows.