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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 (45064)1/31/2013 5:11:30 PM
From: GROUND ZERO™2 Recommendations  Read Replies (1) | Respond to of 220527
 
Thanks for the summation, much appreciated... I just covered my short SP and will remain flat for now, still long the bonds and short gold and silver for now... I'm going to wait for a clear sell signal from my model before I go more aggressively short the SP, I think we could still see some more jumping higher until the 6th, although I think February overall is going to be a down month for stocks, that seems to be the monthly routine for February each year...

GZ



To: Vendit™ who wrote (45064)1/31/2013 5:25:13 PM
From: robert b furman  Read Replies (1) | Respond to of 220527
 
Hi Vendit:

some retrace charts:

screencast.com

screencast.com

Bob

1354 = 38.2 retrace from October 2011 move up longer term retrace.

1441 61.8 % retrace from 12/31 low and 50 sma = 1443 on shorter term.

If tomorrow is down my Macd will crossover to negative

Fast and slow Stoch already have

Longer lags ADX has -DI and + DI converging and CCI has been drifting down for 5 or 6 days already - This run has been good but is getting tired.