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 (50935)	5/29/2013 3:16:52 PM
From: GROUND ZERO™	1 Recommendation Respond to of 219174

Great question, and I've been pondering that one all afternoon... I decided I'll stay short lightly... and see what happens... Here's a picture of me pondering that very question: GZ

To: penthouse mike who wrote (50935)	5/29/2013 3:21:37 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 219174

A completed 5 day sell wiggle pattern is very rare but highly reliable, about 85% reliable... so, I would have to suspect this market is ripe for a sell off based only on that pattern... a confirmed main model sell signal would definitely help... a rejected sell signal is not encouraging, but we could see another attempt at that sell signal again tomorrow... GZ

To: penthouse mike who wrote (50935)	5/29/2013 3:23:03 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 219174

Lightly long the gold here... GZ

To: penthouse mike who wrote (50935)	5/29/2013 5:54:45 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 219174

The only problem with today's close is that it needed to close nearer to the lows to make an ideal 5 day sell wiggle pattern... so, it now looks iffy and not completed as required... but still, I'll hold my light short... GZ