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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Peace who wrote (50248)5/15/2013 11:38:55 AM
From: Fintas  Read Replies (1) of 220481
 
I usually have looked at something before I post. A 36.21 is it's next box.

Above that would be a 38.57.

It's at 35.34 with the stock at 908.6 ish and the spxew at 2568.3

One can do the math to see what it takes to get to the 36.21.

Now throw in 25 x's UP without any 3 box reversal using a 4 box.

And you are correct re the PAUSE.

As for the monthly yes I see that but I also see a sector that wants to roll back LEFT and that would suggest given it's upside versus downside HERE and now the lean to first 864 then 810. and yup there's that 756 area that is close to your 750.

NOW a 3 box reversal on that RSI would be apprx 19-24% depending on where it stops UP.

Regardless for that to occur supports 810 and lower as in close to your downside.

SOOOOO.. if I wanted to buy I'd wait. IF I was very long and had a nice LT cap gains I'd be saying.. HMMM x % up and y % down. OR 9% re it's RSI and 19-24% for the reversal.

It would take a while to get to your number of 1250 for as I present there are obstacles to hold it down. That would also require no errors from the company.

BUT today it's green so enjoy.

I have NO position. I don't intend on having any position. long or short.

I can see many other ways to out perform than with goog. Yet it's a nice product.

Fintas
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