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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 (47082)	3/11/2013 3:35:39 PM
From: GROUND ZERO™	Respond to of 218392

Today, the NT is still very much over bought but flat to bullish, almost nullifying yesterday's late sell signal... the NT can stay over bought for a very long time and these markets can still move higher... it's not a RSI or any type of strength indicator... it has more to do with the advances and declining issues and up and down volume, sort of something like a TRIN, but not as sensitive as that... GZ

To: penthouse mike who wrote (47082)	3/11/2013 4:00:24 PM
From: GROUND ZERO™	Respond to of 218392

Going short the U.S. Dollar right now into the close... You're very welcome...<g> GZ

To: penthouse mike who wrote (47082)	3/12/2013 9:28:09 AM
From: GROUND ZERO™	Respond to of 218392

I'm still long, but I think I'm going to dump it all today and wait for the next sell signal... this market is above the major VP, this is very unusual and not worth any further risk higher... I think holding longs here may be way too risky... I may even attempt a light short today... GZ

To: penthouse mike who wrote (47082)	3/12/2013 9:58:47 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218392

I dumped all my longs and went lightly short for now... probably too early... GZ