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

To: SGJ who wrote (38525)	10/5/2012 3:48:08 PM
From: GROUND ZERO™	Respond to of 219495

Definitely, an exceptional week regardless of some give back today... yes, the NT is still intact right now... I'll send out an email alert if it remains intact on the close today... GZ

To: SGJ who wrote (38525)	10/6/2012 7:38:35 AM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 219495

The Near Term (NT) Indicator has confirmed a sell signal on the close... the main model is long, but the market did reach the initial minor VP and sold off and the NT also simultaneously confirmed a sell signal on the close... Mind you, this NT signal is only for the near term, and the market could still rally anyhow... just that the NT signal occurring upon reaching a VP, however minor, is certainly an indication that this market is now again vulnerable to some selling... using a tropical weather comparison, this NT signal is only the development of a tropical depression which could always develop into a small tropical storm, but it's not a hurricane, although all hurricanes first begin as a tropical depression... GZ