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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 (46984)	3/8/2013 6:25:04 PM
From: GROUND ZERO™	Respond to of 218306

My pleasure... for Monday we would need a close below something like 1486.70ish or somewhere around there... it would take a real crash for that to happen... the fact that we're close to a major VP is more meaningful right now... GZ

To: penthouse mike who wrote (46984)	3/9/2013 9:15:07 AM
From: GROUND ZERO™	1 Recommendation Respond to of 218306

WEEKEND MARKET POLL FOR THE NOT TOO SURE... Let your opinion count, if you're not too sure if the DOW will finish higher or lower next week, then please Recommend This Post... Thank you for your valuable participation... also, if you have a market impression, then kindly post it and share it with the thread... thanks... GZ

To: penthouse mike who wrote (46984)	3/9/2013 9:31:43 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218306

IT WAS BROUGHT TO MY ATTENTION THIS MORNING BY A HIGHLY ASTUTE MARKET TECHNICIAN WHO ALSO FOLLOWS THIS THREAD THAT WHILE THE MARCH SP FUTURES CONTRACT HAS ONLY ALMOST REACHED THE UPSIDE VP, THAT THE JUNE FUTURES SP CONTRACT HAS ALREADY SURPASSED IT AND THEN CLOSED RIGHT AT IT... THE HIGH FOR THE JUNE YESTERDAY WAS 1550.10 AND CLOSED AT 1544.50... THE JUNE MAJOR VP IS 1544.10... THEREFORE THE JUNE, WHICH WILL NOW BECOME THE FRONT MONTH, HAS ALREADY REACHED THE MAJOR VP FOR THIS CURRENT RALLY... ALSO, THE NT INDICATOR, WHICH IS CURRENTLY IN EXTREMELY OVER BOUGHT TERRITORY, HAS SIGNALED A SELL AS THE MARKET CLOSED YESTERDAY, SO IN MOST "NORMAL" MARKET CONDITIONS WE SHOULD SEE SOME SELLING THIS COMING WEEK... GZ

To: penthouse mike who wrote (46984)	3/10/2013 6:57:46 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218306

I forgot to address your other point regarding a possible big winner sell signal... absolutely, that's why I take every signal... of course, during a raging bull rally, the sell signals may not generate much profit, if at all, but there's no way to know if we're really at a market top or not at any time... any new sell signal could be the big one just as any new buy signal could be the bottom as the market experiences a long term decline... my model was short the market at the top of the 1987 crash and also short the top when these markets broke down hard in 2008 or 2009 during that September banking crunch... it was also short days before that mini crash on May 6th a few years back... you never know if a sell signal would turn into a break even buy signal a few days later or if the market is beginning a major decline for real... that's the beauty of the model, as long as I take every signal, I'll never miss the top or bottom... GZ