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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04-0.2%Jan 29 4:00 PM EST

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To: Keith Feral who wrote (40440)11/14/2012 9:18:40 PM
From: Fintas2 Recommendations  Read Replies (1) of 222646
 
When I have a moment I'll post the sectors I see that have room to the downside. It will include those you have listed and a few more.

Keep in mind there are many equities that are up significantly since 09. If you were holding F at the cost of 1 dollar what would you be thinking of doing if the cap gains were to go from 15% to 23 or higher. How about Wynn with a cost basis of 15. Or GE and a cost basis of 6? These are but a few.

ME? I'd be taking profit and repositioning lower. I suspect there will be many doing similar. And thus the selling will continue after bounces. IMHO

Fintas
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