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


To: ggersh who wrote (50260)5/15/2013 1:41:27 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219715
 
Great question, hell, I have no clue!!! LOL!!!

Okay, my thinking is this, that as long as everyone is saying this market is getting toppy, then this market will continue to rally... I'm just taking the contrarian perspective that most people are generally wrong... I also was very sure that this market was going to collapse quickly, but that was early last week based on my own near term technicals, but those topping indicators have since evaporated... but either way, I never did get a sell signal, so I have to remain long and ride this rocket until a legitimate sell signal emerges... then, at that time, we could likely see a legitimate sell off, but not until then...<g>

GZ