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Strategies & Market Trends : Zman Market Timing

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From: Fintas5/7/2014 8:46:40 PM
   of 15903
 
Bell curve avg is at 51.59. I've a long standing 40-35 and recent consideration of the bounce and LOWER to the 20's. For that to occur one should expect lower indexes.

Not only are sectors continuing to shift left but the column in the 52-58 area has a few more rolling left. Meaning .. SELLING.

So what about today's rally. Spx was up.

Just said that some carrying heavier weighting gave a deceptive look to what is actually happening to not just the sectors but stocks within that sector.

That says to this LONG... well actually it said that to me long ago to look at each equity I have. Manage it's position but do not be blinded by those who love to pump while they DUMP.

While here TSLA is going to give a few an education. It's RSI closed in the high 6's and I can see the low 4's. That data point is also supported by strings. OR there's a possible 30% downside in it still.

Fintas
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