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

To: Vendit™ who wrote (41205)	12/4/2012 10:08:25 AM
From: Fintas	Respond to of 222743

I concur. The only thing I will add is that when things get rolling in either direction especially the DOWN, those numbers I present are like steel to a magnate. And when I overlay using point and figure and understanding point and figure re what it takes to move a number I get confirms. So what you are presenting is very likely. It's just HOW it plays out and having the patience. The good news is that regardless of where it ends with your numbers or mine, it makes for a nice platform to lift UP. We are a long ways from 670/850/950 and 1074 which was in 2010. Many forget that move or the 1000 point flash crash in the dow that did technical damage. Yet here we are at 1400 ish. LONG ways up from that 1074. Whereas I play long term options and calls I have learned that they can move em down with ease and to do that they just tend to lean on the spx to do so. 2007 OCT into 2008 Jan was classic. Can you imagine 1560 ish to 1100 ish. So last year 1150 ish and today we are at 1400. At some point the liars cheats and thieves will do what they can to close the distance between those numbers. Even if it's just 1324. Cept I'm expecting a bit lower. 10% up is more palatable then up 16% if one is trying to cut losses. So thanks for your chart. I don't post charts because. WELL errr I don't know how to do so. UGH. Just call me dinosaur. Fintas