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


To: Peace who wrote (77294)12/21/2015 2:58:52 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223840
 
Goodness, I was about to ask you the very same thing... LOL!!!

I've been watching it closely today, I actually bought some and then got stopped out quickly... it's above all support lines and it looks like it's on track to move higher, but I just don't feel comfortable holding a long position in that one if the main model is short the SP... so, I guess it may be wise to see what the SP does here, that could answer both our questions and take the lead from the SP on what the SOX will do...

GZ



To: Peace who wrote (77294)12/21/2015 3:01:31 PM
From: GROUND ZERO™  Respond to of 223840
 
Meanwhile, the bonds which I shorted continue moving lower which suggests higher stocks, but until I see more promise in the SP, I think I'll just stay short the SP and not attempt any counter trend trades, it's not worth the angst and the risk...

GZ