SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (40388)11/14/2012 12:41:13 PM
From: Hawkmoon  Read Replies (1) | Respond to of 222604
 
Can't tell you what to do, but I would keep that hedge on..

My tea leaves are turning red... lol

Bear flags abounding on the major indices, from what I can see..

Hawk



To: GROUND ZERO™ who wrote (40388)11/14/2012 12:47:25 PM
From: Hawkmoon  Read Replies (1) | Respond to of 222604
 
I'll give you one hint as to why I remain bearish..

I am following the RUT, as I mentioned.. The weekly PSAR on TNA has been flipped, while IWM is on the verge of doing so as well..

But the Weekly PSAR for TZA is at around $19, and SRTY is at about $58-59.. ..

When PSARs flip on one side, they inevitably result in the inverse PSAR being flipped at some point in the future..

This has yet to occur..
Hawk



To: GROUND ZERO™ who wrote (40388)11/14/2012 12:49:01 PM
From: TFF  Read Replies (1) | Respond to of 222604
 
The SPX daily looks like its rolling over into the ground from that early sept pivot. Perhaps it will go vertical on the downside if it breaks your long term uptrend line.

a.k.a. good time to be hedged.