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Strategies & Market Trends : Longer-Term Market Trends

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From: Fintas11/13/2014 12:44:25 PM
   of 3209
 
SPX % MOVES; UP AND DOWN .. LET's TAKE A PEEK.

FIRST A KUDO'S to BEAR SHARK.. HE did the work and it's very easy to comprehend.

IF you look carefully. You will notice the incredible rise of the spx from 1991 to 2000.

Today off the 667 and AFTER a 54 % decline this maket has gone from 667 ish to 2040.

That's apprx 205% ish.

For some to suggest this market will be more significant than those years is taking license with facts.. We are 5 years off those lows. Those who suggest we go up another 700% , could you support such with details?

205% is no where near 900%

And here and now those who want to chase this upside and ignore the RISK of the downside..

GO FOR IT.

A 200 point retrace is coming and long before 2500 SPX.. If you disagree then go to a post I put up on this site and put UP a recommend in support of MYTH MAN.. GEESH.. You guys and gals are hanging him out to dry.


Now LOOK there are 50 who have me on ignore.. I should see at LEAST 50's in support of MYTH MAN.. And then heck another 1 M.. BUT here and now let me see the first..

I want ya all to put your names up.. starting with DON W.. DON If you can do the LOL re a 200 point drop at 2240.. you should be more than willing to put up a recommend OF discuss and support.

You can put up a recommend for your friend MYTH..

DO YOU AGREE the SPX can go to 2500 without a 200 point retrace.. Ya just did a LOL at 2040.. COME ON DON.. show me the conviction of that LOL.

Here's my stated position. I'm not shy.. NOT afraid to put it in writing. IT IS IMPOSSIBLE to go to SPX 2500 without a retrace of 200 points i.e a 54 value box x 4.. or 216.. HMM from 2040 that's hmm 1834..

Ok.. I'm watching for those recommends.

MYTH.. I don't know what to say.. they've abandoned you... I'll see if I can round up some support for you. MAYBE I can get BOB PISANI or JIM CRAMER to help ya out.

HELL i'm feeling bad for ya.

ENJOY..


Start End Bull Bear
%%
2/09 Present167.67
7/072/09-54.56
9/027/07192.89
3/009/02
-53.25
1/913/00916.90
9/871/91-37.99
9/829/87303.38
7/819/82
11/797/81
9/7811/79
12/749/78217.14
12/7212/74-50.51
7/7012/72108.79
6/687/70-49.80

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