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

To: SGJ who wrote (108993)	7/31/2018 8:40:27 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218640

You're absolutely right and it's not an issue of being more bearish now, just that every time they do rebalance the markets go down hard on their announced date... today is again their announced date... Also, the weekly ratio is negative and the RUT looks technically very ill... Mind you, I'm not trying to predict anything, I'm simply pointing out the data history and the odds based on their past performance... I'll go anywhere these markets want to take me, I have no preferences although a bull rally always feels better... GZ

To: SGJ who wrote (108993)	7/31/2018 8:45:39 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 218640

What time does AAPL announce??? Or did they already, I see no movement at all yet... I suppose I'll see some serious movement the instant they announce... GZ

To: SGJ who wrote (108993)	7/31/2018 11:20:30 AM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Read Replies (5) \| Respond to of 218640

I closed out all my shorts for a decent gain and am now flat... the p/c ratio has moved back into the buy zone although it's only Tuesday and we have until Friday for a weekly reading, but still... I'm no longer comfortable being short nor am I comfortable taking any long position right now... I'm surprised to see the markets higher today considering the FED action, but who am I to fight the tape... So, I'm flat for now and going for a nice bike ride... See you guys and gals later...<g> GZ