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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 (40073)	11/8/2012 1:29:36 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 218443

Yes, still bullish... but I think the buy here is going to be gold, it's getting close to another buy signal, and I think this time it will be confirmed... a close today above 1731.60 or a close above 1708.60 on Tuesday, November 13th would confirm a new main model buy signal... I bought gold and silver also this morning, I believe I mentioned it... the SPs are another story, it could keep going lower if this level doesn't hold, but gold is turning upward now... GZ

To: penthouse mike who wrote (40073)	11/8/2012 1:31:59 PM
From: GROUND ZERO™	Respond to of 218443

Stopped out of my long SPs... GZ

To: penthouse mike who wrote (40073)	11/8/2012 1:47:02 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218443

Well, that was a bad trade, but the metals saved me... and my long bond position which I added this morning is also looking better right now... still bummed out about the SP though, it will probably go to 1300 now... who knows... will try again at the next VP... GZ

To: penthouse mike who wrote (40073)	11/8/2012 3:48:16 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218443

Mike, just a quick note here about the NT... realize the NT signals are only reliably helpful when it gives a sell in over bought territory or a buy in over sold territory... otherwise, it's too sensitive to use unless you were watching it tick by tick... the best and most reliable indicator is the main model, and then when the NT gets over done, then that's the best time to take the NT trade, otherwise you're going to get chopped up some and it's not worth the effort or the risk... Honestly, I really don't mind your asking when you do, but I would hate to see you use it for those quick in and out trades while all we have here is a posting board and my responses could be delayed... just a friendly word here of caution...<g> GZ