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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 (41544)12/10/2012 7:57:19 AM
From: GROUND ZERO™  Respond to of 222652
 
Good Morning and you're very welcome... yes, I'm still very much long stocks, especially the FAS but I also have calls written on all of them, I think I also mentioned that earlier... this market is extremely over bought right now, but I still think any pull back should be bought...IMHO

GZ



To: penthouse mike who wrote (41544)12/10/2012 3:58:02 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222652
 
The NT indicator is now as over bought as it was back in early march of this year, I cannot see how it can keep moving higher, but it does... this is clearly a sign of a very powerful bull rally... this indicator can be over bought for a long time while the markets still move higher... no sell signal yet...

GZ


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