Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: penthouse mike who wrote (47919)	3/27/2013 5:51:08 AM
From: GROUND ZERO™	Respond to of 222172

Since the deadline date sell price was not confirmed, the sell signals are now a good distance below the market for today, but there are several new VPs just overhead again.. a minor VP at 1560.20 which is also the overnight high (and which is why I reinstated the short) and a major VP at 1565.70... so the noose may be tightening somewhat for this rally, it has some hoops to jump, we'll see... GZ

To: penthouse mike who wrote (47919)	3/27/2013 5:56:25 AM
From: GROUND ZERO™	Respond to of 222172

It looks like my long bonds and short Euro trades are beginning to work out nicely... I think the U.S. dollar is going to be the biggest upside surprise this year... well, no surprise considering what's going on in Greece, Cyprus, Italy, and the rest of Europe... GZ

To: penthouse mike who wrote (47919)	3/27/2013 6:48:45 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222172

Also, if the markets open lower as they appear they will right now, then we'll also have negative divergence between the SP cash and futures since the futures did make a new high overnight... crunching my model's numbers around, if we really did get a sell confirmation yesterday, then this failed overnight rally would have been a rejected buy signal... this is also bearish for the day... Of course, it's still very early in the morning, but this market is now setting up for a down day today, and maybe for more than just one day... but then again, bernanke could hiccup and then these markets could turn higher again... GZ