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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (43508)1/9/2013 7:43:11 PM
From: penthouse mike1 Recommendation  Read Replies (5) | Respond to of 220702
 
Thanks for posting your trades to me during the day, as I was away and it makes it easier for me to access. Are you now short gold and silver on the same day that your main model was to get a buy signal in gold?



To: GROUND ZERO™ who wrote (43508)1/9/2013 7:52:10 PM
From: Fiscally Conservative2 Recommendations  Read Replies (2) | Respond to of 220702
 
This whole market is a manipulated pig. The dollars used here are banker money received from the fraudulent Fed and used to manipulate the market. Everyone on the street knows this except the Mom and Pops and rest of society. It is an outright Fraud by design and intent.

shhhhhhhhh..



To: GROUND ZERO™ who wrote (43508)1/9/2013 7:58:52 PM
From: Vendit™  Read Replies (1) | Respond to of 220702
 
I don't read bar charts well so I need to look at C using my setup.

Do you see this as a sector move down?



To: GROUND ZERO™ who wrote (43508)1/9/2013 8:46:37 PM
From: Fintas  Read Replies (1) | Respond to of 220702
 
DID I tell you that the banks, savings, wall street and financials are to the far right on the bell curve and in the 66-70 range. What's it mean? They will see profit taking. NOT if but when.

Doesn't mean the end of the world. Just means profit taking.

FINTAS



To: GROUND ZERO™ who wrote (43508)1/9/2013 9:00:44 PM
From: Vendit™1 Recommendation  Read Replies (1) | Respond to of 220702
 
My 2 cents on C.

I hope you don’t mind but here is my read on C. It is time to sell if you are long or go short if you want a position in C.

1- The candlestick formed today is called an inverted hammer and is mainly formed on tops just prior to reversals.

2- Stochastic which blends price movement, volume and volatility is showing a confirmed sell signal just today.

3- MACD is a momentum indicator and is currently showing the fast and slow lines not yet confirmed but I never use it as a signal but rather a confirming indicator to what the other indicators are showing me. The MACD histogram below the lines are receding back down showing a loss in momentum.

4- Williams’s %R is the earliest signal to trigger and it also shows a confirmed sell signal.

5- Lastly the daily volume is above the normal range which tells me that the selloff is meaningful

6- This is looking more like a sector move as well as a fundamental move based on what BAC is doing.