Buy and Sell Signals, and Other Market Perspectives Message Board

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

SPY 690.27

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Dec 26 4:00 PM EST

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From: Fintas	1/23/2013 9:54:44 AM
	Read Replies (2) of 220708

There's a point and figure on one of these boards who subscribes to Dorsey Wright who recently posted to me. Whether public or private I forget. To THAT person, take a peek at the SPXEWI that Dorsey uses and then take a peek at the VIX. What do you see? While here if you want some practice with that RS formula and interday take a peek at GS or Amazon. As you do look at their RS charts and ask yourself how much more up versus down. As for ms market........zzzzzzzzzzz. However the spx 1486 has finally been hit and held. Now lets see for how long and how high. Whatever unless 1620 goes it's FLUFF. If 1620 goes then 1486 is the new pivot. Count down 162 and what do you see? Does that numbers sound familiar? The indicators for spx tell the story re oversold or overbought. Bell curve continues to shift right. Yet look at the lonely little petunias to the left. When do they have their day in the sun? Fintas

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