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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.88-0.3%4:00 PM EST

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To: FCom777 who wrote (52816)7/12/2013 3:12:08 PM
From: Fintas  Read Replies (1) of 222665
 
Morning. Been yakking for a bit with a few from abroad. If you want to know what really goes on in a foreign country find those who are involved with the decision process.

So Re: "Bonds look like they are basing and oversold - stocks the opposite."

Agree!!!!

And as for this is still one manipulated and controlled market. Well that is not new yet the reasons for such are probably not understood by many.

Re my scenario.

As a bull I say take em up and depending on what position I either sell a covered call or other. I see the range up yet I also understand MSFT is not going to 50 this month. Well unless your some msft pumper.

As for GOLD. I laid it out both re a near term bounce and low.

As for Crude I gave a range recently and I'm sticking to it.

As one who understands % I have no problem with my continued view that a healthy retracement is coming and when it plays out I will not be who is surprised. Meaning my downside numbers are still in tact.

I have the luxury as an investor and NOT a timer to not commit to a minute, hour or day. I just have to pick the safe number for both down and UP.

To be truthful since I had 1620 and higher LONG ago as in a few YEARS the only ones who were surprised are the clowns I see daily since we took out 1458. Up until then it was not long ago many of those who now have conviction were the same gang suggesting we were going to 950 and lower. So who saw it LONG ago. DA CHIEF.. NUFF SAID.

What's it mean to me be careful of those pundits in front of the camera?

Do your own due diligence and if you don't have the skills surround yourself with someone of those who do.

Fintas
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