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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 (39249)	10/22/2012 10:23:24 AM
From: Keith Feral	Read Replies (1) \| Respond to of 219540

Right now, I'm starting to scan for broken down yield plays. Lot's of them out there after last week. I always try and accumulate slowly after the market trips big signals like Friday. With the 10 year yield snapping right back and Europe not blinking at Friday's sell off, Friday seems like a big of capitulation. Friday's have been absolutely horrible for the past 6 or 7 weeks. I don't see any reason to think the range is going to change between 13,275 and 13,600. I'd love to get another shot closer to 13K again.

To: GROUND ZERO™ who wrote (39249)	10/22/2012 11:03:51 AM
From: penthouse mike	Read Replies (1) \| Respond to of 219540

What is your NT doing? Could it set off a buy or sell signal before we reach the main model trigger numbers? It is very comforting in these turbulent markets to know that THE FORCE (Your model) is on our side.

To: GROUND ZERO™ who wrote (39249)	10/22/2012 1:06:48 PM
From: Walter2012	Read Replies (2) \| Respond to of 219540

With 70% of all NYSE stocks already on point and figure buy signals the field position is not great. stockcharts.com If we were to break down here and head lower believe it would be contained and would not expect large percentage pull back in the broad mkt as long as the euro remains stable at these levels and Spanish bond yields remain at current levels bloomberg.com - If either of those gauges of the situation in Europe deteriorate then I'd get more concerned. As long as the tail risk from Europe is perceived to be off the table I expect any sell offs to be short and shallow.