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


To: Oblivious who wrote (112360)10/11/2018 9:36:08 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Respond to of 220990
 
It does, I also think a lot depends on what China does tonight, they just opened and are somewhat higher...

I think no matter what these markets do tomorrow, even if we bottomed here today, it's still going to take about 4 days to stabilize around here, so I figure we'll see it chop up and back tomorrow and Monday, and possibly Tuesday before we can really begin to see a credible buy signal...

It has to show it can begin a credible rally from here...

By the way, today's low in the SP was 2712.25, we have a VP at 2713.32, so we're long from the very bottom today... no one can say we didn't call the bottom today...

GZ