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Strategies & Market Trends : Zman Market Timing
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To: The Ox who wrote (5258)3/18/2015 2:51:57 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) of 15903
 
YES.. I am aware of your number. More importantly the silly bet Myth man made with me for 2500 without the retrace.

Now that I found the POINT AND FIGURE CHATING board on SI and I've figured out how to put up some charts.

I may put up ex of some extended boxes to help those who do understand high poles to understand why a retrace is needed and I hold my view.

That doesn't rule out a higher SPX in time. It does suggest another 20% UP for the SPX against the back drop of what is happening in the world is unlikely.

While Yellin keeps hoping for 2% inflation the reality is INFLATION is LOWER than the last meeting. DOLLAR is higher.. EUROPE is in the POOP.

And we've yet to have a bad event. The FED CHAIRMEN is talking her game and ignoring the facts. But she is entitled to do that. Just as many were entitled to buy MSFT just over 50.. Kept buying CAT at 110.. Bought UPS at 110.. Bought WYNN at 245.. Continue to buy DIS at all time highs.

Each is welcome to invest as they choose.

ME.. I'm writing covered calls deep with time where applicable.

I'm off to the STRIP.. Have a good one

IMO

Fintas
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