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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.59+0.6%Dec 19 4:00 PM EST
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To: GROUND ZERO™ who wrote (45148)2/2/2013 9:44:56 AM
From: Fintas  Read Replies (1) of 220495
 
GZ very nice chart.

As you look at it, think about these numbers, 1458, 1486, 1512, 1520? 1538 ? AND THEN???? Meaning yes we are very close to the NEAR term TOP!

And on the flip side, 1458? 1405? 1350? 1324? 1296? 1270?... Those with objective eyes should see the POSSIBILITIES down and it's only HOW it plays out. It will take TIME to for the impatient. HMM maybe a game of FIBS will help.Pick a bottom from whence to work.

Frankly I like to see the numbers before they happen and just watch whether they be UP or down.

Those whose eyes are replete with negativity see things to the down not shown on this chart. Then again they also see shadows lurking around every corner. BOO!

Those whose eyes are filled with HOPE and HAPPINESS see numbers to the upside beyond this chart: i.e 1620/1782,1944, 2430 and ALL in their appropriate time. Write em down for just as 1458/1512 could be seen back in 2010 so too can the larger numbers be seen NOW... While also understanding retracement.BUT..

COUNT me as one with hope and HAPPINESS once we complete the needed retrace.

As I have said, the wonder ball goes round and round and where it stops to the down will be known NOT in a day. Yet the numbers are there for those who have eyes that see.

Thanks for the great chart.

Fintas
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