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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.64+1.9%Feb 6 4:00 PM EST

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To: GROUND ZERO™ who wrote (49301)4/25/2013 8:56:36 AM
From: Fintas  Read Replies (1) of 223040
 
Better tell em this wittle detail.

Computer sector is the latest sector to drop under 50 and is in the 44 range.

More importantly, a close look indicates software, telecom, internet will soon follow.

So that gang best begin buying for the number or sectors to the left of 50 is now 9..soon to be 12.

As this continues we will see many sectors still to the right break down.. That means many of the boring sectors such as retail, food, household goods, business etc will roll left.

Like I have said..bounces should be seen for what they are. Bounces. The TREND of sectors is clearly being established that they are MOVING LEFT. My experience and data support that's not going until that sector shows the MAJORITY to the left. OR out of 39 monitored there's more to come.

Rotation can absorb some of the selling but it's obvious the sector has gone from 1 to 9 and soon 12 and then 15 and then ??

It's ok to be a bull as I am. but one better remain objective.

Fintas
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