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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 (38524)10/5/2012 3:32:51 PM
From: SGJ  Read Replies (2) | Respond to of 219493
 
So its still intact? I thought this bounce may have neutralized it. Any way went flat on the ES. Had a good week.



To: GROUND ZERO™ who wrote (38524)10/5/2012 3:46:49 PM
From: Keith Feral  Read Replies (1) | Respond to of 219493
 
I dumped out a few gains this morning and this afternoon to have more cash around for next week. A weak down day with a nice flushout again in oil and Apple probably does the market more good than harm. First up week in 3 weeks. I'm not terribly impressed with the market one way or another right here, with the exception that bond yields are improving. That takes some short term pressure off the market from coming unglued. Then again, they could start killing bond yields again next week, who knows!

I hate these Friday gaps higher that proceed to roll over.