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 Strategies & Market Trends | BUY AND SELL SIGNALS, AND OTHER MARKET PERSPECTIVES

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To: fred woodall who wrote (30545)4/3/2012 3:59:40 PM
From: SGJ   of 50827
 
Almost all the Fed minutes related drop recovered in the SPX.

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To: GROUND ZERO™ who wrote (30519)4/3/2012 3:59:50 PM
From: penthouse mike   of 50827
 
GZ,

Are you holding your S&P short over night?

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To: GROUND ZERO™ who wrote (30534)4/3/2012 5:03:51 PM
From: llap   of 50827
 
GZ: did you get a new sell signal in gold confirmed today? - Thanks.

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To: llap who wrote (30548)4/3/2012 5:51:10 PM
From: GROUND ZERO™   of 50827
 
yes, I did, but I have to say the model for gold is still very experimental... either way, I did take a light short in gold today to hold my interest...

GZ

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To: penthouse mike who wrote (30547)4/3/2012 5:51:52 PM
From: GROUND ZERO™   of 50827
 
Yes, I am... I think there's a reasonable chance we're looking at "sell in May" come early...

GZ

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To: fred woodall who wrote (30545)4/3/2012 5:53:27 PM
From: GROUND ZERO™   of 50827
 
Maybe not, but it certainly feels that way...

GZ

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To: llap who wrote (30548)4/3/2012 6:07:08 PM
From: GROUND ZERO™   of 50827
 
I did get that confirmation, but somehow the gold market jumped up about 25 dollars for the settlement price, and now has opened down to where it should be... i'm calling it a confirmed sell since the gold model is still only experimental... I don't know why they did that on the close, it happens frequently...

GZ

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To: GROUND ZERO™ who wrote (30544)4/3/2012 8:35:33 PM
From: ecrire   of 50827
 
The traders will be looking for a lasting correction all the way to 16,000. That's a healthy state of affairs.

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To: ecrire who wrote (30553)4/3/2012 8:43:58 PM
From: SGJ   of 50827
 
Agreed. After today its: stay long my friends.

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To: GROUND ZERO™ who wrote (30550)4/3/2012 10:14:18 PM
From: Sergio H   of 50827
 
Hi GZ. I think we go higher from here. Could be I need to visit my eye doc, but UP, UP I say.

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