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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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To: GROUND ZERO™ who wrote (43843)	1/15/2013 8:37:02 PM
From: Fintas	1 Recommendation Read Replies (3) of 218585

No argument. Stick to your model. You are a trader and thus your model will swing much faster than my work. My WORK says apple 448. And while others want to day trade it they may catch a bounce here and there. Yet as it is now being seen ol 448 is getting close. Near term ol Apple could bounce to a 510 ish but after this bounce or before the bounce 448 is coming. And under that cmon fibers you got to see what another has presented. Now re ms market. Ditto, there are those who will scalp 20-50 points but my work as of this eve continues to support a spx bp that is toppy at 85. a 30 week that is at 80 a ten week at 87.8 up .8 and a near term 78.8. And ta dah a bell curve at 59.42 and DOWN from 59.9. Now a bit of perspective for the long. That Bell curve was at 49.6 and could have easily seen 40-35. Actually it would have been very healthy had it done so. BUT NO..the world has no problems and there is no debt so we shifted gears to the now 59 ish. The bp spx was at 65 and wanted 50 but ditto re rose colored solutions and is now 85. If one does some math they will realize the % both numbers just moved UP. And when one looks at the specific sectors that money is rotating into the objective simply say REALLY. Thus experience supports earnings MAY drive em up a bit more but ho hum when one considers the movement up or the same ol 1486/1512/1556. That means nada if it can not keep on keeping and that means for THIS LONG. Just as APPLE was coming down from that 700 to bounce, drop, bounce drop so too will the spx finish going up. ROLL over, bounce, drop, bounce drop until into the 1300's. OR those earnings better be stellar with positive outlooks from all and expanding margins, growth etc or as I said the other day MS market is going to sell and the reasons will be given afterwards. It's the buying that'll push it up and the SELLING that will bring it to valuations desired. Given the numbers I use the lean continues to be down once we finish up. And YOUR tools will help you for you are nimble. Unfortunately most are not and are sucking wind with APPLE from the 700. Will soon be sucking wind with BRKA from 144k So dance around the numbers. You are nimble. Me? I live by the rule, the target is the target until it is hit or there are reason to support it can not be hit. Merger, takeover or some negative unknown.. Fintas ME, as this plays out I'll watch for certain calls and certain stocks for the core.or a trade around the core.

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