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Strategies & Market Trends : Longer-Term Market Trends
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From: Fintas10/10/2014 11:00:57 PM
3 Recommendations

Recommended By
Davy Crockett
Fiscally Conservative
toccodolce

   of 3209
 
MY FELLOW OVERLY OPTIMISTIC BULLS..

YOU POOOOOOOR THANGS.

Read it and weep. OH wait there's hope look at that MO SPX at 14.74 and up a bit.. WOW.. TO THE MOON.

If you seriously believe that.. Ya better do as some claim to have done. RETIRE.

So let me help my loud mouth know it alls out.

That BP SPX all time low is 2. It's at 52. ANY WHO SUBSCRIBE TO DORSEY WRIGHT.. PULL IT UP.. There's the future IF you are able to understand how to read a detail dwg.

My downside numbers are CONSERVATIVE. 1836...zzzzz 1728...zzzzz 1620 zzzzzz 1512 zzzzzz 1458.. STEPS to each.. Rallies at certain points.
That PT SPX can easily drop to the 20's.
That RSX SPX is on the verge of a BREAK DOWN.

You may not want to hear it.

You may HATE me but ya better pay attention to these numbers shown below.

AGAIN, yes there can be a rally.

BUT the die is cast.

I've run the numbers down re the spx.

EXPECT THEM.

On an aside SEMI SECTOR DROPPED 17 from yesterday to today. Intc's RSI requires a turn at .88. I've discussed where one should expect intc to drop. Ya better expect it. IF you want to trade the RIP.. do so.. Just don't ignore SEMI'S BP SEMI can easily come under 20s

Now any BULL is more than welcome to discuss.. HECK I'll even discuss it with a BEAR to keep it real.. I didn't say SEMI's are dropping to 2.

SOX.. As I said 500 and that is CONSERVATIVE.

IWM.. YUK and going lower

QQQ where's that guy who was pumping.

RUT.. OH year 972.

TZA.. ya should have listened to those who went long. Instead ya want to give them crap.

DOW ZZZZZ where's the guy who said 18k... 17500k... C ya at 14800.

FINTAS

BPSPX10/10/201454.00052.495-4.6Bear ConfirmedOSell
PTSPX10/10/201480.00079.283-2.8Bull ConfirmedOBuy
RSXSPX10/10/201446.00044.112-0.2Bull CorrectionOBuy
RSPSPX10/10/201446.00050.299-0.4Bull CorrectionOBuy
TWSPX10/10/201426.00024.104-4.2Bear ConfirmedOSell
30SPX10/10/201440.00039.442-5.4Bear ConfirmedOSell
MOSPX10/10/201412.00014.7413.2Bear ConfirmedOSell
WDSPX10/10/2014-44.000-45.169-9.0N/AOSell
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