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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: GROUND ZERO™ who wrote (52861)	7/14/2013 12:46:30 AM
From: Fintas	Read Replies (1) of 218957

Are you trying to provoke me? SMILE You read and interpret what YOU want to read and interpret. I said I'm not a bear nor do I talk it. You disagree. Now one of us KNOWS what my view is. It isn't you. I took a hard line stand at 950 spx against a bear. It's on record. I know what a bear is and what a bear isn't. I"M NO BEAR. I AM one who can see the ups and downs. You asked me. I explained it. If you do not accept it then that is not my concern. More importantly why are YOU concerned with my view. What's the big deal? I'm not concerned with YOUR rational. You say you are short. OK by me. You say you are LONG. OK by me.. I'm WELL documented re my LONG call re ms spx and to numbers much HIGHER than some piddly 1700. I can't hit my targets up for my core without a higher SPX. ERGO I expect a HIGHER SPX. BUT that does not mean it can not go lower to build a better base to lift. Here and now though, my work expects a retracement in a SECULAR bull market. That is NOT bearish. It's a pull back. NO different then when selling a covered call. It is done when one expects a PULL BACK. Now like I said enjoy the weekend and here's the bottom line. My downside numbers re SPX will either be hit or not. My Gold downside will either be hit or not. Given my track record I wouldn't bet against me. My downside re JPM will either be hit or not. I'm LONG JPM Ditto INTC. I'm looking to take calls.. DITTO BAC I own it long. I've sold covered calls. I'll buy calls if priced right. DITTO MSFT, Own it long. Recently watched some sold expire worthless Ditto JDSU covered calls. DITTO UPS. OWN IT LONG. NOT surprised by the miss. I expected it and have a downside number. NONE of it has a thing to do with my LONG view. Nor does writing a covered call or anticipating a pull back make me a BEAR on any of the core. Tis just exploiting the moves of equities. I BUY LONG TERM LEAPS. I BUY THEM ON EQUITY WEAKNESS. Once again, MY UPSIDE NUMBERS will be hit re SPX. As for this bull market being up for years. You are preaching to the choir. I was buying core while most were scared crap and trying to make up their minds. So what's your point? I presented numbers down for SPX. I presented numbers down for GOLD. However I see GOLD at 3000 in the future. The future is NOT the next year. THUS GOLD IS GOING LOWER! I see spx at 2900 in the FUTURE. The future is not this year. I'm CONFIDENT re my work. You question it and my view. Then bet against me.. ALL I have to do is hit the number. My rational has been explained. Apparently you don't accept it or do not understand it. Again not my concern. Fintas

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