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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 (47042)	3/10/2013 10:03:31 PM
From: GROUND ZERO™	Respond to of 218316

The absolute ceiling thing is NOT part of my model, that's just a long term monthly chart thing... I wouldn't enter a trade on that kind of info, it's only something to look at provided I get a VP or something related to my model in the vicinity of those prices... the primary consideration for ALL my trades is my model's indicators and prices, nothing else... GZ

To: penthouse mike who wrote (47042)	3/11/2013 1:29:41 PM
From: GROUND ZERO™	1 Recommendation Respond to of 218316

I'm covering and going lightly long... this market should have sold off at the major VP, but so far it hasn't... it could later today, but if so, then I'll go short again... GZ

To: penthouse mike who wrote (47042)	3/11/2013 1:44:24 PM
From: GROUND ZERO™	Respond to of 218316

Also lightly short the bonds again... just basically reinstating everything I had before, only much lighter... GZ

To: penthouse mike who wrote (47042)	3/11/2013 2:44:26 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218316

By the way, the reason for reversing to long earlier was because the market did NOT sell off at the major VP as it typically would have done... it could still sell off later today or tomorrow, but simply that it didn't right away tells me that the underlying strength of this market is still very much intact for now... I would never insist that the market must move one way or the other, I never tell it what it should do, I simply follow it... GZ