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

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To: Peace who wrote (51890)	6/18/2013 1:51:56 PM
From: Fintas	1 Recommendation of 222168

SMILE.. I was playing with you. Ok so let me point out something. a 486 simply completes a sequence of 54's. YET it also runs into a wall. So it's possible to get some fluff above with a sequence of 2's,3's or a 6 but for those who do the happy days are here again, Well any who understand PNF and 3 box reversals only have to take a peek using 54/27/18 to understand what I'm presenting both UP or DOWN. For that 3 box reversal to happen ol SOX is going to have to go MUCH higher to prevent down under SOX 400. But yes it's a feather in the cap of the bulls when one realizes where the SOX was off it's bottom. I took a peek at intc and it still needs about 5% to turn it's RS to x's. THE SLEEPER though is GE IT IS in RS X's and HAS been for a WHILE. It's already done most of it's distribution while holding steady via it's RS pattern. It's a .95 as of this moment. IT needs a 1.065 to double top and a 1.134. The point though is the 1.065 gives the double top and then the 1.134 is the BUY signal. After that say hello to 1.32-1.6-2.2. Ok math majors let's keep it simple. 1 to 1.60 is ???? and that is what %????? And with a stock at 24 that's ????? HMM both GE and Intc are buys on a dip. Yet one offers a greater % UP. Oh did I mention lately GE will make it's way to where it gapped down from 29.12 and then on to where it gapped down from where it missed it's earnings in 09 and then up to where it was in 07. NOW do the math and see if the % match up with the numbers.HMMM YUP I'm just guessing here. Just looking at lines and no more. <G> ALL IMHO Fintas

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