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Strategies & Market Trends : Humble1 and Swing Trading Friends
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To: rkchris who wrote (7636)3/7/2012 8:39:30 AM
From: Fintas  Read Replies (1) of 41109
 
I see a bell curve at 61.4. Hardly any significant selling from recent numbers I presented.

I see a high pole using point and figure that has yet to turn the larger value boxes down.

I presented a possible 50-55 on that bell curve to empty the glass a bit and allow for some rotation.

So I'll be thinking a try for the spx 1324. Somewhere a bounce, and then it goes lower to try for the 1288/1270. Time will tell.

As a long I hope you are correct. As a seasoned investor, I'd lean we crack spx 1300. Keep in mind though, I'm STILL LONG and expect 1405/1565/ and higher over the next 2-3 years. ALL FWIW.
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