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Strategies & Market Trends : Longer-Term Market Trends
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To: Vitas who wrote (2515)11/20/2013 7:08:26 AM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) of 3209
 
YO VITAS not only are you indecisive you are a stalker.

I have ranges of equities up and down all over the place and have strategies attached to some. UNTIL I put up a DEFINITE date there is no fixed time period.

I'm stunned you can't figure that out.

Yet MORE IMPORTANTLY.

After a handful of your posts.

YOU can still not put up a number.

Then again YOU couldn't do it in 2011 as pointed out.

So I guess I'll just have to put up numbers and treat you with indifference.

BELL CURVE AVG after making it's way in the 64 area and failing to take out previous high is now in the 63 area.

It's clear what sectors are now being sold off many go from a green to yellow to red.

This will continue and as it does those sectors to the right that are in the 94/85 area will turn lower. Not because they are in that area but because their indicators show money leaving the sector.

Add to that the spx near term momentum is extended down that suggest that near term a rally up should be expected but will not last.

That supports.

1782-162=1620 To get there 1756 a milestone for the 108 box will be taken out to go lower to the 1728 which is a milestone for the 54 value box.

From there it's 1674. A longstanding area to the UP as it is to the down.. OR 1620. That 1674 will see 1656 and area where there's a gap up. Under that is the 1648 where spx dropped previously.

So one should be expecting the 1620 area. One should also expect attempts to hold these areas of minor support. THEY WILL FAIL as the bell curve avg continues to the left driven by the selling in the indicators. NOT all but the majority.

However the FA also indicates that Taper is not working as hoped. It's only when those who have significant profits will sell to either lock in profits or cap gains. Something no one has been discussing.

In the end. NEAR TERM my numbers up have not changed. I.e defined by 32.4/54/108 boxes

LONG TERM my numbers UP have not changed. That is defined by the 486 box.

BUT come 2014 SPX will be at 1458 and those who have profit in equities have best done their due diligence to know which ones to go against the spx and which ones to defend or sell.

ALL are welcome for more explanation via PM except VITAS and his ilk. For those who do PM I will pass along what sectors are vulnerable and which ones will buck the trend.

GOOD BYE VITAS. You are just some poor stalker. Who wants to criticize and take responsibility for his own decisions..

Fintas
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