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 681.89

+0.3%

Oct 31 5:00 PM EST

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To: NOW who wrote (49915)	5/9/2013 1:10:27 PM
From: Fintas	Read Replies (2) of 218280

That is true but a LOSS is a LOSS. There were those in my network that were involved way back when with Dubai letting them know they would have a problem. If memory serves me they recommended 5 years before anything was built.They did NOT listen for they wanted to get them up, do the window dressing and deal with things later as they are now doing with those mucho petro bucks. Oh where are they now. ABU DHABI and the new big one re similar to Jubail Then there's Africa. Libya is dead, Syria, Egypt, Sudan, etc. LONG time before they become ROBUST. Yet remember those countries tend to bring in USA products where applicable and that means JOBS etc. HERE. As I have presented the game is about keeping the system functioning. It is. When the HEALTHY correction comes the system will still be FINE. It's just going to take a LOT longer before it becomes ROBUST. Unless you think 175000 jobs is ROBUST. Or that 2.4% GDP is acceptable. No doubt lots of diet dr pepper and cookies will continue to be sold. But those who think major corps are going to hire like made and take on expenses will realize the companies have found their sweet spots re cut backs and hiring. They won't get much help from other areas. So it will become... slow growth, so so earings except for the exception. That why I said awhile ago to the chagrin of a few, this is a stock pickers market. Which by the way I've been hearing repeated lately. HMMM So pick your spots but try not to get caught in euphoria. INTC was sold at the 27.75 long ago because I accepted 20 before 30. Some should be looking at their core across the board now and saying. HMMM As for ms spx and spy. I think the charts are very clear. Extended and need a rest. Fintas

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