Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 691.79

+0.6%

Jan 6 4:00 PM EST

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To: Seismo who wrote (50053)	5/11/2013 12:10:02 PM
From: Fintas	of 221369

SHHHH.. Let some wait for such. ME? At the first sign of a weakness in a structure I'm not waiting for the collapse. It's called being pro active versus reactive. Something that should be taught in school and supported with real life experiences. The problem is in the world of equities hold on to a dell too long and find yourself sucking wind for years and selling for far less than was purchased. Do it with an index and the ride down takes TIME because of it's size but pain non the less. DOW, NASD, SPX are all pushing the limits. Whether they do so for another day, week is not of concern to those who understand the flip side of strength and duration of time to bottom out.. History proves those who wait to long will get caught. Mostly because they didn't recognize the cracks in the structure or were just too optimistic and ignored them. OH OH As I look at the spx I see top heavy. If I was building this with blocks I'd notice the base was not wide enough and more importantly was not supported as we moved higher. Or tie the darn thing off will ya. Fintas

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