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


To: Fintas who wrote (8182)6/2/2012 9:20:50 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 41112
 
This market want to go lower, fact.
The boyz want to continue to suc in as many sheep as possible before the drop.
Question one has to ask oneself here; do you feel Lucky Punk?
Well, do you ?



To: Fintas who wrote (8182)6/3/2012 11:21:35 AM
From: Fintas  Read Replies (1) | Respond to of 41112
 
So here's some clarification re sector numbers for:

Banks: 58.66

Savings; 60.66

Financials; 52.52

Wall street: 47.21

And for those who watch semi's: 26.

Yet a bit more who want to see a bigger picture..Many are sitting in th 38-46 area.Meaning they can shift LEFT meaning still room to go lower.

They would include not all:

Housing, Leisure, Media, Restaurants, Waste Management, Builders, Health care, Gaming, Forest, Food, Aero space,

And still to the far RIGHT is Real Estate at 66.9 and Electric Utilities. One of them will roll LEFT soon. Guess which one?

If one is considering where to buy and where to sell and thinks there is a drag on a sector then maybe selling of that real estate is not such a bad idea since it's in a 66 area. And if this economy will weaken then one might expect more selling could happen in a leisure, gaming, etc..

Bottom line though is that there is room for downside in sectors and spx. However, here and NOW I'm expecting a bounce within the next few days. ALL IMHO



To: Fintas who wrote (8182)6/6/2012 12:21:39 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 41112
 
Fintas, thanx for remembering my bac interest and for your ta data.

The P&F bell curve is one piece of data that I don't have access to and I think it is quite informative.
I appreciate you sharing it with this thread . . . .

(sorry about my late response)