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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 (43836)1/15/2013 2:17:18 PM
From: Keith Feral  Read Replies (1) | Respond to of 218597
 
I don't see a sell signal yet, but we could be inching closer. A lot depends how the market decides to react to bank EPS over the next couple days. I'm not adding to any bank positions going into EPS, since they usually go lower for a couple days. But, I'm not selling either.

I have been chipping away at Apple again the past 2 days, with the sell off giving me a chance to establish a full position back in the stock for the first time since last September.

Bond yields continue to wind down again, so I am still a scale buyer right now. Today is the 7th decline in bond yields out of the last 8 days. I like to be fully invested after 8 days of bond rallies.



To: GROUND ZERO™ who wrote (43836)1/15/2013 2:27:13 PM
From: Fintas  Read Replies (1) | Respond to of 218597
 
From ol BLONDIE. with a bit of a change. ONE WAY OR ANOTHER there GOING TO GET YA GET YA.. ONE WAY OR ANOTHER there GOING TO GET YA GET YA.

Whether it be APPLE whose touch of 486 today confirms a PNF and sorry but 448 is coming bounce or not bounce. The question NOW is how much lower does it go than the 448. Yet to make it easier. To get to 486, 504 had to go. IT did! To get to 448, 486 had to go. IT DID. RS is in the 0's with room to go down. ANY bounce will be just that. A BOUNCE.

NOW re MS MARKET. They added 1 point to the spx bp and the glasses all added a bit. Make no mistake they best be emptying em of water will be overflowing and the clean up will be messy.

OR they were better to take it down first to the 1270/1305/1324 for HEALTHIER rise. BUT NO.. they just refused to do so and now one by one I'm hearing pundits push new highs for spx. Come on Ralph don't ya get tired of hustling the avg individual.

ME? I'll use over bought for covered calls and then ANTICIPATE buys in my fav names.

YUP...ONE WAY OR THE OTHER..THEY WILL GET YA. Especially if you hold calls and don't know when to sell. Such a game

Fintas



To: GROUND ZERO™ who wrote (43836)1/15/2013 2:32:02 PM
From: Bridge Player1 Recommendation  Read Replies (2) | Respond to of 218597
 
I think this market is struggling at overhead resistance.

If the Republican majority in the House uses the pending debt limit debate as leverage to attempt to get some spending reductions, as I believe they will, I fail to see how that is not going to cause quite some volatility in the next 3 or 4 weeks.

March S&P futures are at 1462.50 as I write.

I am long the VIX Feb futures, currently at 15.95.