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 694.04

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Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (49491)	5/1/2013 11:06:36 AM
From: Fintas	1 Recommendation Read Replies (2) of 221586

I have explained in the past Maybe not on this board but I will again. Although the rule sounds simple it is far more complex. So when thinking of the bell curve Think of it as a football field. 50 is the 50 yard line. In the world of bell curve a SIMPLE rule is. Buy em to the left of 50 and sell em to the right of 50. ( an expanded rule by me would be yup and the more to the left the better once one accepts they can go lower than one thinks.) It gets a bit more complex for every sector has a range and a history. Semi's as an example always go to extremes left and right. Understanding that detail helps one to not get giddy if they see semi's in the 45 area as they are now. Why? history and experience supports 30's 20's are likely to happen. Throw in the sox has a gap up in the 380 area and that would support further decline. Doesn't matter if an intc is bouncing near term. Just says its a bounce and the sector needs to roll and will roll and as it does pull intc back down until the intc and it's sector have completed the roll to to the LEFT OF 50 it will then move RIGHT to go on to 60/70 to then take intc to the 34/38/42 So why I pointed out the difference of the 50 and 60 is that first, I'm seeing all those to the left of 50, which I have presented. That number went from 1 sector to 14 ish. Yet clearly more than 1. Which was GOLD. And it's clear to see how Gold has played out as well as it's sector as it sits in the 8's and up from the high 6's but a LONG ways from the 90's where it was as it climbed up from the 1500-1900 and down to the 1300's range. Here and now both sector and Gold experience a bounce yet experience and history support a retest is in the works. NOW I'm presenting those to the RIGHT of 50 but at the 60 and beyond. There are 20 ish beyond 60. If the rule is to buy them when to the left of 50 then so it applies to sell em when to the right of 50 especially if to the far right and to extreme. What I didn't present is how many were in the 70's.80's. Yet if one simply visualized such it is clear buying at 20-40 where applicable is better than holding when in the high 60's etc especially when a rally is long in the tooth. .Hope it helps. I have presented a complete list of sectors on certain boards in the past. As I did I suggested some draw a chart and place them in position. Doing so really helps one to see where they are on a football field. Goal line stance. 1st and goal, or 4th and goal. Or one can subscribe to a service. I use Dorsey. We are closer to the end of this rally and a needed retrace than we were when it first began when the MAJORITY of those sectors were at 3... THREE.. 3....THREE. Failure to accept that detail is going to cause and has has caused some heart burn in certain stocks and sectors. Those who didn't understand it with a CAT when it was at 114 now wonder what to do at 84. Accepting the details helps one to implement strategies as an investor or a trader. For this market to pull back to numbers I've presented I'm expecting 30-40 for MOST sectors. To get there most of those beyond 60 will roll LEFT! As they do they will cross that 50 line. If what I recently presented was saying that the list was at 40 and to the left of 50 then that would help many understand who did do a list and input names and numbers why it would be closer to buying than selling. There will be a time in the future when I will present such as I do the majority are to the LEFT of 40 and it's time to be buying for that move up and past the 50 on to the 60/70 etc. TIDE IN.. TIDE OUT. Fintas

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