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Market Signal Update


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#1 redfoliage2

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Posted 26 February 2009 - 12:31 PM

ST Neutral; IT Neutral.

#2 NAV

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Posted 26 February 2009 - 12:35 PM

How can a IT signal change intraday ? You had a IT buy in the morning. What changed ?

"It's not the knowing that is difficult, but the doing"

 

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#3 robo

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Posted 26 February 2009 - 12:40 PM

ST Neutral; IT Neutral.



Red,

If we can close above 780 and I say if.... in your opinion do you think 825 - 850 is doable?


I'm growing my weeds and you know how quick they spread... :lol: :lol:


Thanks!

Edited by robo, 26 February 2009 - 12:41 PM.

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#4 redfoliage2

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Posted 26 February 2009 - 12:40 PM

How can a IT signal change intraday ? You had a IT buy in the morning. What changed ?

NAV: Where did I post an IT BUY? I merely said it's turning up, not a BUY. I updated yesterday IT Neutral and ST BUY.

#5 redfoliage2

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Posted 26 February 2009 - 12:41 PM

ST Neutral; IT Neutral.



Red,

If we can close above 780 and I say if.... in your opinion do you think 825 - 850 is doable?


I'm growing my weeds and you know how quick they spread... :lol: :lol:


Thanks!

I think it's doable within a few weeks.

#6 robo

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Posted 26 February 2009 - 12:50 PM

ST Neutral; IT Neutral.



Red,

If we can close above 780 and I say if.... in your opinion do you think 825 - 850 is doable?


I'm growing my weeds and you know how quick they spread... :lol: :lol:


Thanks!

I think it's doable within a few weeks.



The lunch crew is still selling and adding shorts and should be done soon - I'll see what the program buying does at the close. If it starts to turn to much I'll put some stops in, but for now this BB trade is looking ok....

Thanks Red! ;)

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#7 NAV

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Posted 26 February 2009 - 12:59 PM

How can a IT signal change intraday ? You had a IT buy in the morning. What changed ?

NAV: Where did I post an IT BUY? I merely said it's turning up, not a BUY. I updated yesterday IT Neutral and ST BUY.

Ok my bad. I thought turning up was a buy.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#8 redfoliage2

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Posted 26 February 2009 - 01:53 PM

How can a IT signal change intraday ? You had a IT buy in the morning. What changed ?

NAV: Where did I post an IT BUY? I merely said it's turning up, not a BUY. I updated yesterday IT Neutral and ST BUY.

Ok my bad. I thought turning up was a buy.

Just to clarify: When a RF2 market signal starts turning, it's in the Neutral phase. Only when the turn is confirmed, a BUY or SELL will be issued.