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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 (42151)	12/19/2012 3:18:28 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222108

Yes, the NT did turn down just now, but only slightly, not enough to post because it can turn up again at any time... but, i will tell you this, the SP had rallied above the most recent major VP of 1427.40 without any resistance... but now, if this market begins to weaken, then it must close above that price this Friday or a sell signal would be automatically confirmed... it's still too early to post any of this, but just to give you a heads up on it, just in case... so, based on all this tentative info, I decided to reverse to the short side, just in case the selling begins to get out of hand... right now, the main model is still long, but now also that lower VP again comes into focus for Friday... GZ