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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.01-0.1%Dec 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (45228)2/4/2013 2:15:04 PM
From: robert b furman  Read Replies (1) of 220906
 
I've been thinking that was due for the last week or so.

Yet I see Klac , Lrcx,and Amat still swimming up stream today.

Wondering if there is a modest A wave down with a new high B wave and then a whoosh down - or possibly a final 5 th wave to cap off this long run.

Its tired and gone a long way yet rotation still seems to be happening.

Its high and could keep going and it sure isn't cheap to be buying.

I'm just watching at this point.

Long core divies and out of the short term trading completely.

Skeered to get back in without more of a sell off than we've seen.

Bob
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