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 690.38

+0.4%

Dec 24 4:00 PM EST

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Hawkmoon

To: TFF who wrote (51359)	6/5/2013 2:52:30 PM
From: Fintas	1 Recommendation of 220633

Payroll Friday will just be a number. Yes many will use reactively. Most to get OUT. The reality is the TECHNICALS are BROKEN and the data stinks without any issues from Japan or other. Just as we can wave UP so we can wave DOWN. The issue for many will be HOW FAR DOWN. What % down. The herd is looking at 5%. The herd is looking at 1600 spx. The herd will try to support their buys. And as they do the other side will be running thru legs of the elephants to exploit as the herd goes over the edge they can NOT see or accept. You put up a nice chart. Expand it..look deeper and understand what the the nuances are supporting. BOTH UP and DOWN. KEEP it real. IMHO Fintas

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