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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.100.0%Jan 23 4:00 PM EST

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To: GROUND ZERO™ who wrote (49097)4/20/2013 8:58:49 AM
From: Fintas  Read Replies (1) of 222344
 
No argument. Your chart supports what you see.

What I do when looking at a chart is view it from many perspectives re time frames.

It helps me to see the nuances. The gold chart says to me BOUNCE and then LOWER.

While here the sector is now in the high 6's so it continues to drop. Again I expect a bounce and then LOWER.

The bell curve avg dropped to the high 58;s. Bounces will be followed by LOWER.

The stacks continue to shift LEFT. Thus supporting more selling is coming in the spx and dow.

Although I like IBM it's going LOWER and that will have an impact on the indices.

Have a good one.

It's nice to see they captured/killed bad guys BUT STAY VIGILANT. Unfortunately many were not VIGILANT in Boston. Whether it be the pro or the avg individual. An IMPORTANT detail that is being overlooked

That suggests to me many have become casual. It also suggests to me many states and cities are vulnerable due to not having the training/funds.

IMHO

Fintas
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