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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (41194)12/4/2012 5:56:06 AM
From: GROUND ZERO™  Respond to of 222804
 
TO ALL POSTERS:

If you would like to receive private email alerts from now on, then just PM your email address to me and I could add you to the group currently receiving these alerts... these alerts include the main model buy and sell signal price points, the main model VPs, and the near term indicator's buy and sell signals...

I've been told by many people who now receive these
email alerts that the email is more timely for them and much more convenient... so, if you want to be added to this email list, just let me know with a PM and you'll be added, no problem...

GZ



To: GROUND ZERO™ who wrote (41194)12/4/2012 6:29:55 AM
From: Vendit™1 Recommendation  Read Replies (3) | Respond to of 222804
 
The $SPX is setting up techincally for a longer term reversal to down IMO.




To: GROUND ZERO™ who wrote (41194)12/4/2012 8:29:12 AM
From: Fintas2 Recommendations  Read Replies (1) | Respond to of 222804
 
Here's how I plotted it a bit ago.

I had the spx coming down to 1404/1350....... 1324/1305/1296/1270. Don't ignore the areas of these numbers for a couple of points here or there with each is considered. So when we came under the 1350 I then projected the 1386/1404/1422...with an outside shot of 1430 and 1440 on the bounce. We haven't taken out the 1430 So to consider what you suggest. Well working from the 1404. NOT the 1422. Why? My world says 1404 is from where I count and a given since we didn't take out and hold higher or 1458. Then the pivot would shift and MY wave count.

Thus spx 1404/1386 or 18 from 1404.... And there's your 1390. EXPECT IT!!!

ONCE that happens then it's once again the 1404-54 and 1350 or as most understand a retest of the previous and in my world then it's just continuing what had been previously considered. That to conclude MY wave work it's 1458-1404 or A...1404-1350 or B and 1296 And C.. The 1270 would be FLUFF or carry over just as 1474 ish was to the upside from when we hit 1458.

So you have your fast tracking model and others have their excellent work. What I'd be doing and in fact what I do is consider all numbers and while doing so stay focussed on the targets I've considered: in both directions

On the flip side, yup I see the 1540/1620 etc. But first things first. Keeping in mind we can do all of this down and it's no biggee.NO crash just a 10-12% ish healthy correction. After that correction is doen, then we can return back up to the 1486 and HOLD and then begin the move to the 1500's etc and the continuation of the secular bull. Again, first things first.

Those that are bullish will see their upside numbers. BUT in my view not as quickly as they would want i.e TOMORROW. Given the crap that's out there and the fact we are up from spx 1150 YOY. I'm gaming someone wants to reconcile at lower prices before Jan 2013 expirations.

ALL IMHO

Fintas