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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: Fintas	12/9/2010 11:01:38 AM
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A little bell curve avg numbers to help with keeping it all in perspective. Bell curve avg at 65. Most are weighted in the 58-70 area. That means we continue to be a bit heavy for about 20 sectors! That suggests some could continue to stay up yet some will have to be sold off for some relief. Where investors should be looking is at the ones under bell curve avg 50 that will move up as others leave those overbought. THUS banks, savings, drugs protection equipment that are the dogs of today are going to enjoy the rotation of money that will come. On an aside and since I'm big on ANTICIPATING moves up or down. And use lots of technical and fundamental data to help with the work. Those who want to see the winners of 2011 should be considering those that were taken down/put in their bottoms and are now beginning to turn up. Ex INTC: That will help the sox and smh. Bac: that will help the bkx and bank sector. Ge: That will help the dow and spx. Each will enjoy the upside afforded as their RS/spx, RS/spxew turns from 0's to x's. for that to happen EACH has to move a apprx percentage UP and once that happens depending on the pattern formed each will have an upside range driven by MOMENTUM not technicals. Those who are into math should do some peeking and then determine the upside potential re percentage. And that is why I am buying and hold calls for 2011/2012. Spx 1257? First we have to get past spx 1240. But more importantly re the tug and war. WHERE MONEY WILL GO as the SPX does it's up or down near term. I focus on the longer term. Spx 1324 is coming and to get there the before mentioned equities should participate. No buy recommendation. Just what I'm doing and seeing ALL IMHO. Oh watch for JDSU to turn up it's RS soon. There is a number that will do that. Do the math and it can be seen. Drys has a lot more to go in it's RS. I can see the downside. But drys is one that those who are short should be careful as those who were short lvs learned the hard way. IMHO

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