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


To: J_K who wrote (90684)3/16/2017 5:44:28 AM
From: GROUND ZERO™  Respond to of 218833
 
No, I'm sorry but I never have "targets," I always just let the market tell me when to cover and buy again, it depends on the price action and how it behaves at certain price points... but I can tell you if we make new overnight highs, then I'll cover and go flat... and then I'll watch and see if I should go long if it continues higher or re-short...

GZ



To: J_K who wrote (90684)3/16/2017 5:59:11 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218833
 
While all the major indices were rallying higher yesterday, the banks were lower, the $BKX is almost on a sell... banks led the market down in 2007, so I think one has to be a bit weary of this rally for the time being... also, the Transports are very near a sell... overall, I think it's time to be cautious... but who knows...

GZ