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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 (41995)	12/18/2012 8:02:34 AM
From: Fintas	2 Recommendations Read Replies (1) \| Respond to of 223501

Heck we could push to retest the previous highs of 1474 ish and for guys like you that's a nice push up. But for guys like me it would be just a retest and with the view of OK what is next. HOW do I get to 1600/1800 if that glass is FULL. IF we were to push to retest that would have a near term at peak numbers, a 10 week and 30 week which are now at 70 ish, HIGHER. Yet then seeing it from a plan view ALL indicators would be at PEAK so again it's how do we get to 1600/1800 etc. To me, selling has to occur to allow more money in to then lift it higher. And that MONEy can then move into MSFT, INTC, GE, and many others to lift them higher. On a side note GE is relative strength positive. INTC is NOT. To turn it to such will take a 20% move UP. That says we are still early in the turn of INTC. BUT for those who ANTICIPATE, pullbacks are opportunities. So the question is TIME. I can see 18 still as a possible for INTC. NOT saying it will happen just that it can happen. On the flip, 22. Then retrace. I just looked at many indicators and looked at it as a LONG not a bear. I didn't like what I saw. Meaning the down will take TIME and that erodes price if one plays call leaps. Good for the writer but not good for those who have the wrong time lines. Think stair steps DOWN. That is how I see the selling playing out AFTER we peak. So for those who think 1600 early 2013. I don't see it. ALL IMHO Fintas