Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (3985)	9/28/2010 9:29:16 AM
From: Fintas	Respond to of 41467

Bobby. You have it. Keep in mind that bell curve isn't toppy until we get into the 70's and the MAJORITY of sectors need to be in similar areas to get there. That is why I stated a bit ago the bell curve sector can stay in the area beyond 50 for a lot longer than many understand as it will be fueled by many things your mention. NOW that doesn't mean we can NOT see a sell off in the spx. WE WILL. But those who see that sell off and then do the we are going to spx 850 are either naive,inexperienced or duplicitous. The game has changed. You see it clearly in your arena. We are now not waking up every day wondering chit what bank fails next. What company fails next. It is now, who can be taken over and things are turning up. Slowly but z positive GDP number is a POSITIVE GDP number. Thus this secular bull will move higher. WHEN and NOT if we take out spx 1324 and eventually take out previous highs. And as THAT happens then we will be way to the right on the bell curve. Yet for the trader of spx that wants to grab that move from 1100 to 1155 and then back to the 1120 ish. Well watching the momentum indicators and the near term numbers on that bell curve allow one to say.. take money off the table and come in lower. For me? I just watch the sectors I'm in. Watch the specific equities I'm in and then sit back and enjoy. Last year I mentioned Jdsu in the 4's and I did so for a reason. It peaked near 14. last eve I mentioned drys. I did so for a reason. NOT to suggest others buy them but to demonstrate the TURN from down to UP re their RS/SPXEW. And yes I control both of them. Have a great day and I KNOW you will be buying the dips. You have a handle on the game.