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

To: Vendit™ who wrote (44871)	1/29/2013 11:33:12 PM
From: berniel	Read Replies (2) \| Respond to of 220625

swingcycles.blogspot.com

To: Vendit™ who wrote (44871)	1/30/2013 5:09:03 AM
From: GROUND ZERO™	Respond to of 220625

It looks that way, but I'm not going to buy until I get a new buy signal, and right now this market is so overbought I cannot touch it, it's called discipline... it makes absolutely no difference how high this market may go right now, no market goes in a straight line forever...I don't need to be in it, with the lowest level of complacency in more than nearly 70 months and my model so incredibly over bought, i have no problem just watching this market do its thing... I'm with you, short term is the only way to go right now... I think buying and making money on the long side right now has more to do with luck than with savvy... I think after the 6th we should see something, if not sooner... GZ