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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: Vendit™ who wrote (45384)2/5/2013 9:16:28 PM
From: Fintas1 Recommendation  Read Replies (1) of 220921
 
Here's how I see it. If it closes above and were to run to 1520 a number I put up or even 1530. AND THEN? Why I say the and THEN is what is going to get it to 1620 without retracement. IT NEEDS 1620 to kiss many numbers below GOOOOOOOD BYYYYYYE

This eve I was looking at indicators that are now signalling a bear alert for the near term momo for the spx. That means that near term momo that was reaching for the sky is seeing SELLING. OH NO near term money is LEAVING.

Can't be some will say the spx was UP. ZZZZZZ.. Any looking at the volume?

Now keep in mind I would LOVE to see them take GE to 60 in a week. OH heck I'll take 4 months but that's not how this game works inspite of my LONG TERM VIEW that says 60 IS possible for GE.. in a few YEARS.. LET me say that again YEARS. OH NO, most BULLS on these boards can barely hold for days, months let alone YEARS.

So as I present numbers I consider them in a different view than most.

Now back to what you present. It either will or will not but don't put so much in a DAY or a number. Those that play around can skew a day or number and if one's actions are dependant upon such they could lose a position or a trade because something didn't happen by x.

I'll leave it to those who try to twick me to PROVE IT.

EX there's a 24.30 out there for GE. I've put it up as have others. Why not it can be seen and back tested. Yet on the last run up OL GE didn't get there OH NO.. CRAP..GUESS all were wrong and time to sell. ONLY if one wants to be TWICKED by those who didn't get into GE sub 10.

NOW those with a GE target of 29/34/38/42/48/52/56/60 are NOT going to give up their low cost basis GE because some try to STEAL THOSE SHARES..

NO boys..PAY FOR THEM.

Here and now I see this game with the spx as some trying to HOOK THE BULLS for the NEAR TERM. Get em to buy GS at 150. HOOK em into PHM at 21. And then take em down to one day shake out the week hands.

JUST like the SHORTS were HOOKED at much lower numbers. The bulls lulled them into spx was going down to zero. UH HUH.

THUS..my view of zzzzzzz. I'm NOT trying to get in. I'm IN.

Thanks for your input

Fintas
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