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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 (52139)	6/21/2013 12:03:52 PM
From: GROUND ZERO™	Respond to of 220483

My goodness, not at all, I only lightened up because I had a pretty heavy short position going into this morning, I made a huge profit yesterday shorting at all three sell points... so, I took some profits this morning and am still holding my earlier light short position... I'm only guessing that the market could rally, but I'm definitely NOT going long or fighting my model at all, I merely reduced my exposure just in case... GZ

To: penthouse mike who wrote (52139)	6/21/2013 12:21:17 PM
From: GROUND ZERO™	Respond to of 220483

By the way, I haven't made any trades counter to my model since I said I wouldn't, it's only a complete waste of time... but, staying with the trend and reducing exposure at the VP points is definitely within boundaries and not a bad idea when one holds a heavy position, it's only smart money management since those VP points should not be dismissed too quickly... GZ

To: penthouse mike who wrote (52139)	6/23/2013 6:46:19 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220483

Took a light long SP at 1578.50 this evening, 1578.50 is a significant price point in my book... GZ