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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas3/14/2014 1:58:00 PM
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MYTH MAN.. I know you and you bud are tied to the hip.. So here's one for the board re LONG TERM MARKET TRENDS AND STRATEGIES.

Posted on Jan 16 2013.

Sure is clear to me.. Then again I am a T.B.I

HMM
.

To: humble1 who wrote ( 9921) 1/16/2013 1:14:30 PM
From: Fintas of 13640
I never worry. I'm the guy buying GE when everyone else was worrying and saying it would bus and taking BAC calls, sizing in on the stock when they were yakking doom and gloom. And also sizing in on a drys to hold for a 6/9.

I'm also the guy who was pushing spx 1458 from spx 850. I'm a PERMA BULL. I SEE the 1900.2248. I also can see some healthy correction.

What I do is consider all angles to help me get that pullback. One doesn't get the Bac 9 calls for .50 to go to 3 ish IF everything is rosey. One gets it when OREILLY and others are slamming BAC and touting the end is near.

So what you say is true but understanding FEAR is part of the game and without it opportunities do not arise. The world is entangled and because of it there will be fear. NOT if but when and yes I will sit and hold my cores for targets MUCH HIGHER. as we move to spx 1900. I've a 25/35 for BAC, a 50/60 for GE, 38-42 MSFT, 28 for JDSU, 34 INTC and a 34, DRYS a 6-9, JPM a 60. They depend on a higher spx and thus I have to be bullish

YET that doesn't mean as we do a stock here or there is not going to run into a wall. Whether it be NUS from 60 to 34 or Apple from 700 to the recent 482.

One thing bulls fail at and I'm a bull is that at some point EVERY STOCK runs into a wall and it is then one better know the FA for if there's more to it then one realizes they will watch a MCIC turned MCI to from 1 to 125 to 3. OR a GLW go from 112 to 1.10 to 29 and now 14. Or a Dell go from cost basis of .055 to 59 to 7 to a takevoer? of 15. There is a time to sell as a bull and move money to another. That's said with a few scars and being a bull when it was time to go bye bye. WANG and I rode it to BK. That was my hard learning lesson. And why I present caution at times while being a perma bull. Sometimes due to circumstances unknown or beyond ones control things can fail..

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