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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: Harmens who wrote (48456)4/10/2013 3:56:22 PM
From: Fintas1 Recommendation  Read Replies (2) of 221055
 
I'm on record for that 12000 ish mr dow.

I'm not concerned with when. I just want to make sure I see it and plan accordingly.

The important detail in the big picture is to understand 12000 ish mr dow is a long ways from 6600 mr Dow.

Thus showing that a healthy retrace could occur and the dow and many equities within be well up.

The fed was about doing all they could do avoid recession. If that causes equities to push up due to such along with indices I don't have a problem with such. The big picture is to increase values, allow firms to use equity if they so choose, float some convertibles, expand etc. That is done to help create jobs and increase revs from those not working. As we move along we will go thru the it's not working or NOT working as well as desired. MORE noise, selling buying selling etc. In the end there will be a sell off. Those who have not entered will do so. Those that entered to high will go thru the process and those who are too scared will miss the leg up to the 1700/1900/2100/2400 spx.

The rest is just living life as it plays out.

Fintas
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