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


To: Gary105 who wrote (51094)6/1/2013 9:40:05 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219142
 
Honestly, I wonder... has anyone actually tested the previous Bradley dates to see if there's any legitimate reliability to it or is everyone just accepting it as gospel without verification? Any ideas on that? TIA

GZ



To: Gary105 who wrote (51094)6/1/2013 9:41:53 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219142
 
The "sell in May" phenomenon apparently may still hold true even though my sell signal wasn't triggered and confirmed until the very last trading day in May... considering the depth and force of the selling yesterday, anyone who sold out earlier in May missed nothing since yesterday's one day decline pretty much wiped out much of May's gains, anyone who bought the SP as early as May 10th is now already sitting with a loss... so, we'll see if this market wants to churn higher or if this market is really going to take a good breather for a while and give us some gains on the short side... time will tell...

GZ



To: Gary105 who wrote (51094)6/1/2013 10:02:38 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219142
 
Here's a daily continuation chart of the weekly SP futures contract since early February, 2009... the upward channel is very clear and we can see that this market has just about reach the upward boundary of this channel...



GZ