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   Strategies & Market TrendsBuy and Sell Signals, and Other Market Perspectives


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To: chartseer who wrote (37043)8/28/2012 1:59:34 PM
From: GROUND ZERO™
   of 164136
 
Okay, now I'm really confused about my bonds... LOL!!!

GZ

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To: GROUND ZERO™ who wrote (37045)8/28/2012 2:15:47 PM
From: penthouse mike
   of 164136
 
Are you planning on switching back to short ES if we close below the 1411.70 buy wiggle?

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To: Joseph Silent who wrote (37041)8/28/2012 2:21:58 PM
From: chartseer
   of 164136
 
our support is now our resistance? Is that bullish?

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To: penthouse mike who wrote (37049)8/28/2012 2:26:04 PM
From: GROUND ZERO™
   of 164136
 
No, I think time is running out for the downside right now... it could still work lower, but in a few more days we could already be looking for a buy signal... curiously enough, this sideways action could actually be the pull back itself... and if so, then the next rally could be a whopper... it's still too soon to tell, but I'm willing to bet on it and stay long...

GZ

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To: GROUND ZERO™ who wrote (37051)8/28/2012 2:30:55 PM
From: chartseer
   of 164136
 
How is this for a Classic Topping Pattern?


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To: GROUND ZERO™ who wrote (37051)8/28/2012 2:33:47 PM
From: chartseer
   of 164136
 
Or this as an over bought market leader?


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To: GROUND ZERO™ who wrote (37051)8/28/2012 2:35:43 PM
From: chartseer
   of 164136
 
If I am bearish you can bet your life the market will rally. Though I must warn you that on rare occasions I have been right.

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To: chartseer who wrote (37052)8/28/2012 2:46:22 PM
From: GROUND ZERO™
1 Recommendation   of 164136
 
Under "normal" market conditions, I would fully agree with you... but this market is so completely manipulated and this is also an election year, you have to expect that the FED is doing everything it can to keep this market from collapsing... wait until January if you want to see a market collapse...

GZ

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To: chartseer who wrote (37053)8/28/2012 2:47:22 PM
From: GROUND ZERO™
1 Recommendation   of 164136
 
Personally, if you ask me, I think this market is over bought but it can get even more overbought through election day...

GZ

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To: chartseer who wrote (37054)8/28/2012 2:48:11 PM
From: GROUND ZERO™
1 Recommendation   of 164136
 
LOL!!! I know the feeling very well, you're certainly not talking to a stranger here...<g>

GZ

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