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

To: voodooist who wrote (6471)	9/10/2011 12:36:06 PM
From: Fintas	Respond to of 41060

I did very well with both but a friend of mine followed me into seagate with leaps and took the 35's for 4 and when that pop came to 78 he kicked them out in the 76 ish area. Time line was apprx 8 months as I recall. And just to show ya the leverage or 76-39 (35+4)=37/4 cost basis =9 times. That made me happy for I love to see others do well. As for my posts being intriguing. Nah, just one mans opinion based on many years of learning from mistakes and successes and trying to pass on some observations to exploit the opportunities and avoid mistakes of selling at the wrong time because of the games that are played... We are seeing some happening big time here and now. They used to be played with an individual companies. Now they do it with the indices that have a big effect on a sector or stock within. I consider it financial terrorism that began long ago to damage this nation. And now we see it continuing to cause changes thru out the world. IMHO Now here's and observation for all to consider.. I reviewed the sector bell curve avg and there wasn't much of a move and if one were to ignore the selling that took place Friday and never looked at any detail OTHER than that sector bell curve it simply looks as the majority of the sectors want to roll RIGHT. And that is positive! Yet here' s where it get's very interesting. Either my software service has an error or there's something very fishy is going on re yesterdays selling. ALMOST ALL the near term MOMENTUM INDICATORS I reviewed had turned UP for sectors and indices. while showing down on the 10 week and 30 week. Doesn't make sense to me BUT it is what it is unless there is a glitch. And if NO glitch it suggests that large was BUYING on the weakness that would cause the strong turns up in the majority of the near term momentum indicators.. That spx mo which was at .41 pushed to 48 then rolled down a handful turned up strongly to 60. THAT IS MONEY COMING IN. So that doesn't mean we can't go to the spx 1120-1102 many see. It does suggest that getting there is not a shoe in those looking for 1000- 950 best change there tune. IMHO.