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Strategies & Market Trends : Zman Market Timing

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From: Fintas	10/17/2013 11:25:50 PM
	1 Recommendation of 15903

Ok a fast one well if there's such a thing with me and my tendency to be verbose. But I like to present as much as I can while I think of it before it disappears into the black hole. Ok so I peeked at the indicators a bit ago. I noticed for spx both bp rsx and bp rsp dropped a a small % DROPPED? The bp pushed 77 and change and it takes a break of 82 or 84 to get out o fthat wedge. AND THEN?. With the near term, 10 week, 30 week all pushing into areas of thin air and the BP PT at 87 with a peak at 90. OK who thinks it's going to 100? Sorry never been there and it's not going to get there now. So push to 90? And THEN? That bp pushes 78/79/80. As that happens spx pushes 1738-1740? 1748-1756... AND THEN. Ok here's the problem BULLS if many stock are showing failure to make new highs then that means lower highs. If that bp spx can not break 82 to go to ...wow 86. how the heck is it going to go to 1782. let along 1810/1944. It can't. So what will happen. It will push. it will run out of gas and here's the biggee. That pattern is such it will then drop. to which all bulls will say..YES we see that drop and we will ADD. Yet here's where the bulls have it wrong. The FA is terrible. The DEBT is terrible. There will be problems that must be addressed. The FED can NOT taper for ever. There are those who will pipe in and act that is not favorable to the USA. All of that will result in SELLING and to % lower than most expect. That is why I laid out the areas down. Yet as i did I gave the big HINT. Look at it with a 108 box and then COUNT DOWN 3. That's 324 for the math impaired. And that is a number the BULLS are not expecting. They think OK back to 1650 and more buying. Sorry that's when many will get caught. The buying won't be there. The selling will and down lower and until things that need to be reconciled are. HMM did I say this would be short. OOOPS. You may not agree.. But think about it for most never see it until it has happened. FEW saw APPLE at 448. FEW FEW saw JPM at 55. FEW. Few had the courage to buy BAC. And FEW see 1400's in 2014. Zman sees it. and to me that's a hit. Meaning the more hits I get the more convinced I am. And when those hits come from respected TA types Fa types then they just add up. My work does NOt support 1944 yet. Nor does it support 1800. heck it barely supports 1756. So for those buying. Enjoy the green but be prepared for someone to pull the plug and then tell you about it later. Ok that's it. Fintas

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