Wednesday, June 15, 2011

Buy Signal

The system won't be on the sidelines very long.  It's taking another 50% long position on the close today.

9 comments:

  1. I hope this means the market is going up from here. Gonna be tough to make up for a $10 a share loss on the last trade. :(

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  2. I'm right there with ya. If tomorrow gaps up, that will be the first sign that higher prices are coming. (A very high percentage of my profitable buy signals see a gap up the next day.)

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  3. Well lets hope ur system and IT system comes out on top. I'm really being a pessimist right now since reality is there is no good news coming and Greece is not going to get better

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  4. Huge economic numbers out in the morning. Don't like trading in front of these numbers. The market will react and recently that hasn't been good.

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  5. what happen to the day where bad news is good news to the market?

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  6. Law87- at this point I am just hoping SOMETHING is up. I am down about 11% and having to decide whether to cut an run or spend the next few months waiting to recover :(

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  7. i am really hoping for that 1310 in the S&P so i can exit.

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  8. How about a 1255 close below the 200MA and we can exit running before the bears?

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  9. Almost bad news is good news. Nice rebound off of the Philly Fed numbers.

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