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


To: Keith Feral who wrote (38878)10/12/2012 1:23:17 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220808
 
i can't believe I bought the SP so low, at 1421.90 just two days ago, and now we're just about back where I bought it... I reversed and went short already, so I took the few pennies I made from that trade and bought myself a bubble gum... LOL!!!

GZ



To: Keith Feral who wrote (38878)10/12/2012 1:24:27 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 220808
 
This kind of market action very much resembles a bear market action, e.g., a slow grind downward just when you think the low is already in place... the fact that the market is coming back to visit the initial minor VP is not bullish... this tells me the market really wants to go lower...

GZ