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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (48194)4/3/2013 2:02:51 PM
From: Fintas  Read Replies (2) of 220727
 
GRIND GRIND with wishing and hoping.

If we don't bounce here then look for 1512. Bounce and drop...grind grind grind wishing and hoping. As that plays out many will buy the disney's on the way down and feel giddy when they are filled to then see it go lower. OH CRAP. Ditto PH, GOOG.

Many will be pulling the trigger to early in a MS to see it go lower. OH POO POO. Ditto UPS.

Grind grind. 1512 will come and go then 1475 for a bounce to move lower to 1458. HMMM number sound familiar? A line in the sand will be tested. AND FAIL..Then after some more bouncing here comes 1405.. GRIND GRIND...all of it taking time. TIME TICK TOCK.

Somewhere during all of this will be some valid reason for concern. The noise level will heighten the selling will pick up.. and that is when the time to buy will be best. JPM near 38-42. INTC in the 19's. BAC in the 10's

But first to see how this day goes and how many want to fight GRAVITY.

ALL IMH greedy opinion.

Fintas
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