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 681.92

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Dec 31 4:00 PM EST

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To: Harmens who wrote (48385)	4/9/2013 11:02:10 AM
From: Fintas	Read Replies (1) of 221036

I'd say we are both old enough and have been looking at markets for a LONG TIME. At least I have. That would include watching the tape and living thru a period of where we were not so tied to the world to now being very tied to the world. So saying that as I look OBJECTIVELY at a chart of the spx for 1/2/3 year timelines it's clear to me it's not IF but when we roll. The only question is how from what point up and then how deep. A handful of sectors just shifted left re the bell curve I monitor. They are still beyond 50 but they are shifting left. That says to me inspite of what the spx number is saying more and more sectors are seeing profit taking. That supports my not IF but when. Re GOLD. Just glanced at some sectors and there's a bounce in there. Yet I never confuse a bounce with a trend. Fintas

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