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


To: codfish23 who wrote (88173)11/29/2016 12:05:33 PM
From: GROUND ZERO™  Respond to of 218570
 
I just got back from my workout, sorry... looks like the low for the big one is 2197.00, so not quite, but the mini did... so, it's a toss up here... good move to cover, I did before I left... it's very tempting, but it still has that overhead hurdle to clear... even with the flat line momentum line moving lower, this market could still move another 40 SP points before running out of steam for the near term... I just put on my EQ spread and will just let that cook for a while...

A lower low and lower low, could be another bull flag or and up day trending lower near term... I'm just going to wait for a clear signal before I jump into the creek...

GZ



To: codfish23 who wrote (88173)11/29/2016 2:09:10 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 218570
 
I've been holding long dollars for a very long time... I just dumped all my long dollar positions, all of it... I think now that everyone has finally become bullish on the dollar, I think it probably topped out for a while... if so, then that could help the miners and the metals, we'll see, and bonds too could rally from here...

GZ



To: codfish23 who wrote (88173)11/29/2016 2:36:40 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 218570
 
Tonight is the new moon, a lunar SP buy signal, for what it's worth, although it seems more valid than not when you actually look at the markets during those moon phases... also, the end of each month through the 19th of the following month is the most bullish time of each month, and December has seen a market rally 75% of the time from the inception of these markets... so, the odds appear to favor a rally for the next few weeks beginning today or tonight, or tomorrow... it probably started already today...

So, just on stats alone, we should see a market rally... time will tell, but the odds seem favorable...

GZ



To: codfish23 who wrote (88173)11/29/2016 3:18:44 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218570
 
Well, on that rally... ummm, on second thought... LOL!!! Although, it's probably even better for bonds and the metals than first thought, that is, providing stocks do fail... bought some TMF yesterday and added today...

GZ