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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 672.04-1.7%Nov 13 4:00 PM EST

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To: Joseph Silent who wrote (43754)1/14/2013 10:21:20 AM
From: Fintas3 Recommendations  Read Replies (2) of 218794
 
Joe: Think about this. If 4 out of 4 glasses are full. Is that market looking for news to overflow the glasses or is the market looking to EMPTY those glasses so they can be refilled. In other words the market is looking for an excuse to empty those glasses.

Don't let your optimism ingore the details. It's all in the details.

SPX momo's are all extended.

Are we one day going to 1600/1800/1900 and my projection of 2200. YUP. But not until we empty those glasses so we can refill them.

Fintas
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