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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 (51609)	6/10/2013 2:56:32 PM
From: GROUND ZERO™	Respond to of 219872

Very good question... it depends on where it closes... I'll post to you and let you know what I do... I suspect at some point sooner than later we'll get a buy confirmation, I believe the selling is just about over... GZ

To: penthouse mike who wrote (51609)	6/10/2013 3:06:37 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 219872

It looks like GOOG may confirm the time line break out today, but not AAPL... GZ

To: penthouse mike who wrote (51609)	6/10/2013 3:46:03 PM
From: GROUND ZERO™	Respond to of 219872

Okay, if the markets close around these levels, then I'll just hold my longs, it's risky but I'll put a hedge on what I have... that would be simpler than to undo everything I bought since i'm expecting a signal very soon... GZ

To: penthouse mike who wrote (51609)	6/10/2013 4:48:26 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 219872

I still think we'll see that buy signal, but I certainly can't ignore my own good advice and hold a long position with a failed buy signal... so, I fully hedged my longs with enough SPXU to keep me covered and probably more short than long until the signal is again triggered and confirmed... buying enough SPXU was much simpler than to unwind all the longs I bought today... if the signal is again triggered, then I'll just lift the hedge... GZ