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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: zman69 who wrote (9913)	1/16/2013 11:47:39 AM
From: Fintas	Read Replies (1) of 41045

Large money is slow at times and so much of it MISSED this move up that now that they are trying to perform they walk with blinders on into an ambush. There are HUGE debt issues and NOT just in this country. There are huge challenges on how to pay that debt and that is also a world wide issue. Many would love to do the ostrich in the sand and pretend all is well. Unfortunately it isn't. It will take time for it is unlike anything from the past. THAT has been the problem. What we went thru is a FIRST. And when things are a FIRST, there are so many unknowns because the experts have NEVER experienced it. The rely on previous experiences or similar BUT, similar is not a FIRST. As one who experienced a FIRST, I can attest that the best of the best are the best but fail re firsts. WHY? Things occur that they could not see. I live it. I'm very comfortable with that analogy. So here the pros are stepping in to this sector or that sector in an attempt to make up for what was lost as they hid under the tables. As I looked at the momos for aero and autos I had to say CMON MAN. AERO? I actually went in to look at the stocks in the sector to see if they added a google, ibm, amzn. I mean AERO..airlines? That says to me large is just buying and doing so blindly. HOUSING? REAL ESTATE? BUILDERS? OK I got it they move into sectors that were so down it was time to push em up so they ssssh can sell them to lemmings who don't grasp FA. So there buyers of sectors that are extended. Heck many are not even considering what the sector is involved but it's up. GET ME SOME Yet the reality is as it always it whether now or back in OCT 2007. IGNORE the last step of that ladder and one is going to fall. How far will be determined by how extended one was and where one can get a grip on the way down. RE spx 1350 is a shoe in,,then 1324. Many forget how long and hard it was to get past that 1324. On the way down it offers decent resistance. But just as we cut thru 1100 a while ago to finish at 1074 ish. Things get excessive in both directions. Here and now if they want to break 1500 they better do it soon of this area is going to be resistance just as 1324 was long ago. ALL IMHO Fintas

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