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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 (38362)10/1/2012 2:37:32 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218583
 
No, i wouldn't want to go long when the market is near the reverse buy point, especially when it approaches that reverse point for the first time... I would have to consider the first approach only a retracement and would expect to see more selling... I could be wrong, but this is what I would expect generally... so, I would think tomorrow would be lower once again... if not, then we'll see that buy signal get triggered... i never know what the market will do, I can only go on probabilities based on the models to keep me out of trouble...

GZ



To: penthouse mike who wrote (38362)10/1/2012 3:24:29 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218583
 
Dumped the silver I bought this morning at a loss...

GZ



To: penthouse mike who wrote (38362)10/2/2012 9:43:30 AM
From: GROUND ZERO™  Respond to of 218583
 
Still short SPs from yesterday...

GZ



To: penthouse mike who wrote (38362)10/2/2012 9:45:19 AM
From: GROUND ZERO™  Respond to of 218583
 
NT now giving an early sell signal... let's see if it holds for the day...

GZ



To: penthouse mike who wrote (38362)10/2/2012 4:04:07 PM
From: GROUND ZERO™  Respond to of 218583
 
Just covered my short SPs, lightly long...

GZ