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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 (38636)	10/8/2012 10:40:16 PM
From: Keith Feral	2 Recommendations Read Replies (1) \| Respond to of 219410

I think we're going to see a series of confirmed buy signals and sell signals on a daily basis.<g> The oscillating signals will eventually break out or break down, which will eventually lead to legitimate buy signals or sell signals. All I see is lots of nervous apprehension about the breakout in the DOW above 13,000. Good to be back near 5 year highs, good to see yields catching up with valuations, sad to see EPS growth slow. Better to see unemployment falling, oil prices decoupling, and economic growth given a fighting chance with oil prices falling below $90. Still sucks to see gasoline prices near alh, but gasoline looks like a great short right now.