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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 10.40-1.4%11:41 AM EST
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From: Fintas2/19/2014 8:31:18 PM
   of 4369
 
OH the bulls with the rose colored glasses are soon to understand the word RETRACE.

Those with access to DW take a close look at the bell curve and as you do take note of the sectors now rolling left. Yes I know I have said this before but what I didn't say is look at that column in the 58 area. Want to see the future. Many of them will soon be filling the columns ot the left.

So today began the retrace. Use the .81/1.62/2.43/3.24 This will help you begin to see how DEEP on this drop.

Yet as it drops and the 4.86/6.48/8.1 kick in then you will see after and near term bounces then down again.

ALL the while If you have done the work you already know what that 108/162/324/486 look like

You know the ranges of the 40.5/64.8/81.

You don't have to see it you KNOW IT.

Tie that to where the bell curve avg is going and the spx bp.

RUH ROO for those who have their head in the sand or are so committed to the up they ignore the details that say down

Finally while here..DRYS RSI It's at .12 and under is the previous .1125 So the question is will it hold or does it try for that .102 ish.

IF so then .12- .102 =

It closed at 3.48 ish

Expect drys to go lower.

The numbers will help you understand how low.

Fintas
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