Investment

» GROUNDZERO - Long or short? And from where?

In response to Long or short? And from where? posted by Kirk:

I'm 100% long right now, yes, that was a buy signal and I covered all shorts... yesterday was indeed a scary day, but the model is long from the prior day, and so am I...

GZ http://xrl.us/SpiralProfits
DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» GROUNDZERO - gopii...

In response to US55, island reversal... posted by gopii:

Hi gopii, I just watched in interest how the markets sold off, I thought the chart pattern looked weak, and it was... but my model is long, so I remained long... I will stay long until I get a sell signal, that didn't happen yesterday, although I was beginning to wonder if the buy signal was about to fail... it didn't, and I'm happy about that... I expect the rally to resume this coming week...

GZ http://xrl.us/SpiralProfits
DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» gopii - gopii...

In response to gopii... posted by GROUNDZERO:

wow, it must really have been scary to stay long through that drop..... must have needed quite a bit of margin too.

Do we have to close over 1400 on monday, for you to stay long at the end of day monday?

-- posted by gopii

» US55 - gopii...

In response to gopii... posted by gopii:

The $SPX chart is likely the most bullish as we head into next week. Unlike the others, as you can see the SPY advanced to trendline and stopped. This leaves little in the way of room for advancement even though the SPY could break above the line as long as it closed the day below to keep the bias bearish

-- posted by US55

» GROUNDZERO - gopii...

In response to gopii... posted by gopii:

It was scary, but there are two keys to scussessful trading:

1) Never play with scared money, and

2) Follow you system no matter what happens.

GZ http://xrl.us/SpiralProfits
DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» GROUNDZERO - US55...

In response to gopii... posted by US55:

I suspect the swings will be violent in both directions, but I believe the trend is still higher for the meantime...

GZ http://xrl.us/SpiralProfits
DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» US55 - US55...

In response to US55... posted by GROUNDZERO:

At 9:11 CDT Gut feeling is up tomorrow!

-- posted by US55

» GROUNDZERO - US55, up day on Monday...

In response to US55... posted by US55:

Same here, it could be a big up day too, but probably not until after we have another scary drop in the morning... I would love to see a rally today, since I'm long and watched the DOW drop 160 points or so on Friday after I took a long position the day before... hey, these markets have no respect!!!

GZ http://xrl.us/SpiralProfits
DISCLAIMER: My comments, replies, and opinions are general in nature, they are not meant or intended as specific investment advice to anyone, and certainly do not represent the opinion of anyone but myself. Individuals should consult with their professional advisors for specific investment advice. The spiral model is strictly experimental in nature and should not be used for trading purposes except by those individuals who have a fluent working knowledge of its abilities, mechanisms, and limitations.

-- posted by GROUNDZERO

» US55 - Very good

buying on the SPY. It seems to get better
as we passed the 140.70 mark. I also wanted to say "big" on the up day but was hesitent due to Pfizer. At this point
today, I think the spiral made the right call!

-- posted by US55

» US55 - Now

I can see short covering as this up wave
is just finishing two waves, so we will see if wave three will be as or stronger than the first two of the day. Pretty powerfull

-- posted by US55