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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 (39570)10/30/2012 9:42:52 AM
From: GROUND ZERO™  Respond to of 218878
 
Most likely, yes... the NT already gave a buy signal last Thursday, then it turned down minimally on Friday, but I did say that it would take a huge down day to prevent it from pointing higher again... so, I think this market may be out of the woods now, we're beginning the bullish season tomorrow for the next 6 months...

GZ



To: penthouse mike who wrote (39570)10/30/2012 10:33:24 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 218878
 
The main model buy signal is already triggered right now... tomorrow is the last day of the month, so I think we could see some selling for the first 30 to 60 minutes as fund managers square their books for the end of the month... and then, new highs... this is what I hope, I'm going to add in that early selling if we get it...

GZ



To: penthouse mike who wrote (39570)10/31/2012 11:20:39 AM
From: GROUND ZERO™  Respond to of 218878
 
Right now I'm long the SP, DOW, NAZ, RUT, SOX, gold, silver the FAS and short the bonds... the NT and the main model are both on buy signals today, so I have to believe this market won't crash... (gulp)...

GZ