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


To: POKERSAM who wrote (183789)1/12/2023 4:50:04 PM
From: GROUND ZERO™  Respond to of 218314
 
Thanks, it's definitely overbought right now but nothing yet tells me to sell out, so we'll see where it goes from here...

I wouldn't be surprised to see some selling tomorrow into a three day weekend, but at this point I'd suspect it may only be near term selling...

We'll see...

Either way, I'm always ready to reverse on my signals, I never hesitate or second guess them...

GZ



To: POKERSAM who wrote (183789)1/12/2023 4:57:18 PM
From: GROUND ZERO™2 Recommendations

Recommended By
Mevis
POKERSAM

  Read Replies (1) | Respond to of 218314
 
Also, tomorrow is Friday the 13th, so some spooky stuff could come out of the dark and take these markets down...

Who knows...

And we did get a nice doji today...

GZ



To: POKERSAM who wrote (183789)1/13/2023 3:20:13 AM
From: GROUND ZERO™2 Recommendations

Recommended By
JMTrader
Mevis

  Read Replies (1) | Respond to of 218314
 
After looking things over, you may be very right...

If I get stopped out of my new long positions today, then we could well see something more serious than just a quick sell off...

Either way, after looking over my data, I do plan to rebalance ALL my smart spread positions this morning, it's always better to be safe than sorry and the smart spread does well in either direction with minimal risk, so why take unnecessary chances...

A 3 day weekend - - also, the second half of the month isn't quite as bullish as a general rule...

My primary focus right now is looking forward to the three day weekend and visiting some friends who just came down from out of town...

GZ



To: POKERSAM who wrote (183789)1/13/2023 3:52:17 PM
From: GROUND ZERO™2 Recommendations

Recommended By
JMTrader
Mongo2116

  Read Replies (2) | Respond to of 218314
 
Just curious...

What does the market have to do in order to have you rethink and consider the overall trend and momentum has changed???

TIA

GZ