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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 (38685)	10/9/2012 7:21:38 PM
From: Keith Feral	Respond to of 219202

Early May was the last big headfake, that was a disaster. I can't help but to see some similiarities between October and May - with the exception of the 10 year yield which is still holding tough.

To: penthouse mike who wrote (38685)	10/9/2012 7:33:11 PM
From: GROUND ZERO™	Respond to of 219202

I would be surprised if the NT didn't give a sell signal tomorrow... follow through weakness into this evening gives me some indication that tomorrow could also be a hard down day, but we'll see... IF this is a real top of any significance, then we should see some more hard selling at some point, and October would be the best month for this market to decline, it's almost to be expected... Frankly, the beauty of the main model is that a confirmed sell signal occurs just when the unsuspecting trader is "buying the dip," they're usually wrong since the trend has legitimately turned lower for now while dip buying just seems so inviting but wrong, according to my model... GZ

To: penthouse mike who wrote (38685)	10/9/2012 7:47:22 PM
From: GROUND ZERO™	Respond to of 219202

A CLOSE ON WEDNESDAY BELOW 1433.50 WOULD CONFIRM A SECOND MAIN MODEL SELL SIGNAL... GZ