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Strategies & Market Trends : Point and Figure Charting

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To: AdvocatusDiaboli who wrote (31578)

5/9/2019 10:42:04 AM

From: Fintas

1 Recommendation

Recommended By
Ms. Baby Boomer

Read Replies (1) of 34824

First I don't agree with this re SPX will be hit in my life time.

"We all know this market will hit 10,000"

Second yes 3400 SPX is going to be hit.

I'm on record lower will be hit before 3400.

I'd say Ms Baby Boomer is thinking the same.

As for driving across the country and not running into the sea. Well hmm what if you drove to the edge and then had the car put on a boat to carry it across to China. Smile

Fintas

While I'm here take a look at this distribution curve and in particular GAMING. It was in the 80's for a long time and on the last break it dropped to find a spot to rest, then it rose into the 70's and where is it now?

HINT it's going lower than previously and that is going to happen to many sectors.

Meaning if Ya are making money in a stock ya might want to defend it to avoid just holding it watching it drop to retest previous lows or not. EX. I'm on record JPM has NOT seen it's low for this cycle and I'm expecting at minimum 81,

I want LEAPS CALLS. Oh that would also mean I expect the BKX to drop to numbers considered.

Fintas

^BPAVG : 50.51 ( -0.51 )

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