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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 671.910.0%Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (44269)1/21/2013 9:39:57 AM
From: Fintas1 Recommendation  Read Replies (1) of 218856
 
Nice charts from both you and Vendit.

Now RE apple. As I've suggested apple will bounce, the bounce will fail.

So 504+ 18? 504+27? 504+36? 504+54? AND if so would ANY of those numbers turn the RS UP to give a buy signal that says. OH BOY here comes 700? SHHHH NO!

OR 504-18? 504-27? 504-36? 504-54? And if it did would that cause the RS to be closer to a bottom. YES close but NOT the BOTTOM.

Throw in a wave count. Look objectively at the chart and 450 stares one in the face regardless of a bounce.

I'll stick with my 448 and watch how it plays out.

But you are correct it can bounce.

Fintas
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