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 652.53

-1.5%

Nov 20 4:00 PM EST

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To: Fiscally Conservative who wrote (49374)	4/28/2013 8:42:25 AM
From: Fintas	Read Replies (1) of 219128

Without money most would be in the crap. Yet here in now the debate is how far will we retrace. Some think NEVER.. That'll be a FIRST. Some think 2-3% Some think 5% I think 15-18%. Time will tell. As time passes I wouldn't ignore the details. Here and now I just watched the bell curve sector go from having one lonely petunia i.e precious metals to the left of 50 now grow to the teens to the left. That's not buying! Come to think of it that same sector precious metals sat in the 90's for a long time. It recently bottomed at 6.8. The point is, here and now there are still MANY sectors past 60 that will roll LEFT. Those holding the insurers should take a history lesson from Precious metals. Ditto gaming, real estate, house hold goods, builders, savings, banks, aero, restaurants, leisure. They will all move left. NOT if but when, what order and how deep. The depth of precious metals to the 6's was extreme. But 30-40 is normal once they roll left. It takes TIME for that to play out. So here we are now near MAY. If it takes TIME.. then ???? As for a bear market. That's word is extreme. Healthy correction is more applicable. Be well Fintas Fintas

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