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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 (43935)	1/16/2013 1:35:01 PM
From: GROUND ZERO™	Respond to of 218407

I've seen a confirmed buy signal the very next day after a confirmed sell signal a few points apart from each other... but, I don't think I've ever seen where a sell signal could be confirmed and then a new buy signal get triggered in the evening session when opening unchanged... I think this is a first... but, the wonderful beauty of my model is that it will keep me in the direction of the trend no matter what... To read into this, it tells me that this market is so tightly wound up that a big move is going to take place very soon... which ever direction, I won't miss it, since my model is designed to trigger a signal long before a new trend becomes obvious to most people... but to answer your question on market direction, which way? I think my model is saying higher since the buy is so close to a possible sell confirmation, otherwise it would allow more room for a bear type rally... with this very nearby buy signal price, my model is telling me that the trend will resume higher even if it ticks up only a few ticks... GZ