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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 (38396)	10/2/2012 7:27:59 PM
From: GROUND ZERO™	Respond to of 218666

My NT is entering overbought territory but still moving higher... it can go much higher before a down turn... yes, I would pick up more AGQ if my order were filled tomorrow... this market could surprise me and collapse tomorrow or Thursday, but it has not gone down much yet and i think time is running out for this down turn... for tomorrow, a close above 1447.40 would confirm a new buy signal... that's not all that far from where we closed today... GZ

To: penthouse mike who wrote (38396)	10/2/2012 7:28:49 PM
From: GROUND ZERO™	Respond to of 218666

FOR WEDNESDAY, A CLOSE ABOVE 1447.40 WOULD CONFIRM A NEW MAIN MODEL BUY SIGNAL... GZ

To: penthouse mike who wrote (38396)	10/3/2012 10:15:43 AM
From: GROUND ZERO™	Respond to of 218666

Interestingly, the NT is getting stronger and stronger on each decline this morning... that means people are buying the dips, they're not selling... things could change, but this is what I see at this very moment, and this is why I'm holding my longs and will add on the new buy signal if it gets triggered today... GZ

To: penthouse mike who wrote (38396)	10/3/2012 2:52:26 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218666

I just dumped all my long silver... will keep all my long stock market positions even if today's buy signal is rejected because for tomorrow we would only need a close above 1435.00 (no typo) to confirm a new buy signal... this means, the markets would have to tank big time in order to fail the signal... it could happen, but I'm presuming it won't... GZ