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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)

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From: Fintas	2/27/2014 7:47:00 AM
	2 Recommendations Read Replies (1) of 4369

PNF TIME. I use 486 as a controlling large box for potential direction.. IF I wanted I could go back to when 486 would be too large a number to use for the spx back in the days when it was 162. Back then I'd be using 162 and to get there it would be 54 and to get to that 54 it would be 18 and to get to that 18 it would be 6 So I stated back in 2007 that the spx was working it's way from the 1458 to 1944 and to get there it had to take out 1620. It did NOT do so. Yet that 1620 and 1944 was there to be seen. Many saw it. Many thought too da moon but as history has shown there was a huge retrace from the 1557 ish spx to the 667 ish. As that happened the 486 took out the 972 and was trying for 486 but failed just abit above the 162+486=658. Or from 972 down ..one string of 162 and a couple of 54's but falling short of a completed 162. SO here we are working up from that 972 to get to the 1458.. It took time off that bottom to get to 1458 and hold it. Fact is that really didn't occur until 2013. As I have stated often SPX was at 1266 in June 2012 and 1343 in NOV 2012. That's really not that long ago. 1343 held because of QE3 and other. OR.. many were fearful that at 1343.. 972 was very possible. So the game of the FED has helped to keep things up. As that happened now we have many with trillions pushing it higher. . Thus making 1620 the new possible area of support and most who are honest will tell you they can see 1620 on a retrace. The problem is the up occurred so fast there's not enough support at 1620. So now some are chiming in with the 1587.. Yet for those who understand the numbers. 1458 is a magic number just as 1944 is. So even if the buy the dip crowd and those trying to help the admin continue throwing YOUR money at things to help hold things up. At some point reality steps in or some say OK I've committed enough or there's some event that causes some to say. NOPE..I'm done for now or some statement made etc and DOWN it will come. 1944 is what many are hoping. Yet in truth 1944 is but a milestone I use and it completes 3 strings of 486 UP. To get to the next level of 2430 would require another 486 points. VERY VERY VERY VERY VERY VERY unlikely here and now. What is likely is regardless of a hit and a bit beyond. 1944-486=1458. To get there strings of 162/81/54 will play a part. I put up 108 to help some understand the possibilities up and 1836 was a number. I've presented them often. I don't count days. I don't consider the stars. I just consider the numbers and what direction FA and other is driving them. On the way DOWN the 3 value box reversal will kick in and I've said it often and to prepare many for the down. 3 x 108 = 324 It's coming. Whether it comes from 1944 or 1836 will soon be learned. I don't care. I'm prepared for it. I won't be surprised. Many will be. So what's your view. Are you so locked into your thoughts you don't see what's coming. MANY didn't with POG. Are you so into group think you don't want to hear a contrary voice. Many in POG did. I'm a bull and one that understands a retrace is coming. SPX 1458 in 2014 and to get there 1728/1620/1512 will be hit Fintas

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