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


To: Mevis who wrote (93138)6/3/2017 6:52:20 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Respond to of 223038
 
A reasonable idea, it could work, but the broader momentum is still higher... I'm willing to hold and take my chances, i don't see anything but a modest pull back, if any... (famous last words)...<g>

GZ



To: Mevis who wrote (93138)6/3/2017 9:53:57 PM
From: GROUND ZERO™  Respond to of 223038
 
Near term, you may be very right... here are two SP charts, the daily and the weekly, both look like this market is at the high end or the range...

The Daily:


The Weekly:



GZ



To: Mevis who wrote (93138)6/4/2017 7:47:45 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223038
 
Took a light short this evening at 2335.00, we'll see how it goes overnight...

GZ



To: Mevis who wrote (93138)6/4/2017 8:08:19 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Vendit™

  Respond to of 223038
 
Oops, that should read 2435.00... LOL!!!

GZ



To: Mevis who wrote (93138)6/5/2017 10:34:04 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223038
 
Possible new buys for today:

Buying FAS on a 45.55 buy stop... if filled, will place a sell stop to close it out at 44.53 on a GTC sell stop... if not stopped out, will let it run...

Also, buying PPLT on a 93.43 buy stop... if filled, will place a sell stop to close it out at 91.46 on a GTC sell stop, if not stopped out, will let it run...

GZ



To: Mevis who wrote (93138)6/5/2017 8:15:06 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223038
 
No buys today, in fact it looks like the short may work out now...

GZ