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


To: Chip McVickar who wrote (66578)12/12/2014 11:04:14 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Blasher

  Read Replies (1) | Respond to of 219661
 
Definitely time for some bounce, but I'm not going to play it, I'm staying short for a while longer...

GZ



To: Chip McVickar who wrote (66578)12/12/2014 12:18:22 PM
From: sandeep2 Recommendations

Recommended By
Justinfo
Mevis

  Read Replies (1) | Respond to of 219661
 
Down is close to being done. $INDU is at the bottom of the keltner channel and also about 100pts away from 50-day ema. SPX is a little stronger. The only concern I have is that stocks like goog, aapl, msft have broken down it is hard to say that aapl has broken down at 110, but it has. So, there should be caution...

EDIT: Closed shorts right here. Waiting for long entry..