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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 (46189)2/14/2013 1:57:58 PM
From: penthouse mike  Read Replies (7) | Respond to of 221026
 
Your VP is still pushing the market back. I am curious as to why you switched to long so close to the VP?



To: GROUND ZERO™ who wrote (46189)2/14/2013 2:15:30 PM
From: robert b furman  Read Replies (1) | Respond to of 221026
 
Hi GZ,

There are some stocks that dip barely.

They just don't gather any downward momentum.

There are many stocks traveling sideways - SPX index for one.

Perhaps it will be sideways into expiration.

Often there is good one day terrible the next ,but so much bouyancy terrible gets bought.

Must be the inflows of money holding up things.

BWDIK

Would love to try to short this overbought market but everytime I think it would be an opportunity - I hesitate and them am glad I've no position.

Long core positions and watching my sold puts from last year decay quietly into expiration.

I need a dip to play here.LOL

Bob