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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

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To: yard_man who wrote (51159)6/3/2013 11:02:38 AM
From: Fintas1 Recommendation  Read Replies (1) of 220710
 
As I have said they are about to run into the wall where many will understand all this printing and you accomplished WHAT? Agains the reality that one can NOT just keep pedal to the metal. Thus the soon to be backing off. As one of the pundits stated this AM and correctly. He's positive on equities but he expects a healthy correction of 10-15%. ALL too often many here the words BULLISH or POSITIVE but not the rest of the statement. Heck I'm a perma bull but I've bought those spys, spxu, sqqq and written lots of covered calls.

Corrections are not the end of the world. They are but corrections.

The question will be how the markets react re this one. I've provided lots of areas for those who want to be objective to consider whether it be a BAC pullback. A JDSU pullback. Or spx.

Have a good one.

Fintas
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