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

To: Robohogs who wrote (110064)	8/17/2018 1:49:28 PM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Read Replies (1) \| Respond to of 218589

Not much really, I just closed out my long DOW and will buy it back if we make new highs today... other than that, I think I'm very likely going to hold the positions I have through the weekend... My positions are short the SOXX, short the QQQ, short the crude oil, long the bonds and long lots of AAPL... Also still short the SP unless we rally again today, then I'll just cover and stay flat that one... I have all kinds of positions in my optimized portfolio, but too lengthy to mention or list here... EDIT: I could tell you that most of the indicators are still pointing downward, this is not a bullish scenario for now... it could turn around mid to late next week, but right now this market is not encouraging... I remain defensive and cautious until then... GZ

To: Robohogs who wrote (110064)	8/17/2018 1:56:10 PM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Respond to of 218589

I could also tell you that the weekly put/call ratio is still very much in the sell zone, the needle has not moved at all all through this week including yesterday's big DOW rally... This means these markets are still vulnerable... GZ

To: Robohogs who wrote (110064)	8/17/2018 2:11:22 PM
From: GROUND ZERO™	1 Recommendation Recommended By Oblivious Respond to of 218589

I'm now long the DOW... probably now for a longer term move... GZ