SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point and Figure Charting

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Fintas9/10/2017 2:18:08 PM
   of 34816
 
Codfish I post this here where it belongs to NOT clutter Zman's board as you did earlier.

Now unless you are on top of the details you will error.

You stated in your post that since I put up that post on June 05 2013 the SPX had NOT been under 1600. Sorry but you were incorrect. ( Although you did give yourself an out with the BEST you could tell using a 5 year chart).

Now saying that .. additionally if you go back and re read that post I put up on that date you and then compare to the chart and what I suggested would take place you will observe that for that moment in time.. things worked as suggested.

WHY was I so sure you were wrong re that date. I had the SPX 1566. I had the down from higher and I hit it spot on with a SPY PUT. I had that down when NO ONE ELSE DID.

As for my putting up any post since that time where I have been positive. Like I have stated often.. YOU and many do NOT grasp/understand or accept my thought process.

I have been LONG the MSFT, CAT etc etc all the way UP.. That in itself is POSITIVE. OH and all the while maintaining the need to retrace to SPX 1458 before the move to 2916 can occur. There's individual stocks and then there's the indexes. The do NOT always align.

However if I wanted I could show you a post or more where I suggested up off a retrace while still holding to the downside of what I deem a required retrace off larger box sizes.
If memory serves me I recently put up the 2484 as a possible top off the lower numbers. YOU and others need to expand your self to be simultaneous. I also had the up to the 2106 off the 1836 while then holding on to the down to 1810.

Just because I write a deep in the money covered call for let's say a BAC does NOT mean I do not maintain my LONG view which I have oft stated is 35/45. Ditto CAT where I called the 70 from the 115 long before any saw it.

I can be LONG the SPX to 2916 over time which I have been going back YEARS while still holding on to 1458 UNTIL I deem it not possible.

Which I have also presented where that would be. So rather than try to find the flaw in my thought process and while doing so bring in the usual suspects to take shots here or behind the walls of a sanctuary board. IF you are going to critique. BE 100% accurate.

Finally you don't understand the how I use FLUFF and the word. There was fluff trying to take out POG off the 1921 but failing to take out the 1944 which led to my ability to put up the SAFE 1174.. And the 1045 was FLUFF below. NOW put up your reasons to support we go straight to 2916. Tell me WHY we can not retrace to 1458 SPX.

I could mention many cases of how I use and understand that word. It's apparent you do not! I'm not day trading or similar. You are others are Fintas

"Take a PEEK at the chart below. Notice the 6 which represents the month of JUNE. IN this case the chart is suggesting where the X's turned to O's. This is a PNF board. I'm glad to discuss PNF all day long but to those who don't have a clue . Don't cherry pick. I know my numbers and dates and what I was suggesting on any given day with the understanding my name is FINTAS( Not really). IT is NOT JESUS.

OH and why didn't those O's down keep on keeping to the DOWN. THE GOVT SHUTDOWN..the FAILURE of BERNANKE to begin the stopping of the taper the delay re the debt ceiling and VOILA the infamous RUNAWAY GAP in the 1648 ish that in time will be proven was just a GAP UP.

So as you look at this chart. READ the BELOW IN RED. Fintas


12
13
1746 1746
1728 1728
1710 1710
1692 X1692
1674 XXO1674
1656 XOXO1656
1638 XO781638
1620 X6X1620
1602 5OX1602
1584 4OX1584
1566 XO1566
1548 31548
1530 X1530
1512 21512
1494 X1494
1476 X1476
1458 X11458
1440 9OX1440
1422 XOC1422
1404 8AX1404
1386 XBX1386
1368 7OX1368
1350 XO1350
1332 X1332
1314 X1314
1296 61296
1278 X1278
1260 1260
1242 1242
1224 1224
1213


The SPX on JUNE 24 had a high of 1588.77
Low of 1560.33 and


Closed at 1573.09."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext