Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fintas who wrote (42438)	12/23/2012 1:11:46 PM
From: Fintas	Respond to of 222149

ADDENDUM: The bp spx is at 69 the near term MOMO DROPPED from the 86 ish to 74. Nice drop BUT historically here is how it tends to play out. A peak, a drop, a bounce and then down, bounce down, bounce down, bounce to retrace from where it began. In this cae the 22 area. So let's be positive and say it only drops to 30-35. That is a long ways from the 74 and the peak of 86 ish. Given the spx bp is at 69 with a possible 45-50 and the bell curve at 51 and a possible 37-40. I will be enjoying watching the bounces BUT EXPECTING the drop and not be surprised by it. The field of sectors is spread out nicely. So lots of room to allow for some selling and as that occurs rotation from x to y. And as stated that includes banks, savings that will drop. Doesn't mean they go deep. Just means some will be taking profit. So when they push BAC to 13 I will not be getting to giddy for I know 11.34/10 will be possible before going to 15/17/19/25 And JPM. 38/33 are in my sights. Just as 60 is to the flip side. ALL IMHO Fintas and a bit of experience with how that bell curve and it's supporting indicators work.

To: Fintas who wrote (42438)	12/23/2012 2:02:07 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 222149

LOL!!! I wouldn't suggest anyone betting the ranch on my personal hunches, not at all, that would be kind of silly (and foolish)... but, I think it's certainly worth my taking a calculated risk on what I personally perceive as a reasonable outcome down the road, for myself anyhow, I'm not at all suggesting anyone else believe as gospel my own individual hunches on these markets, I'm no guru nor do I have any special abilities to look into the future... it's never an all or none thing, but I believe the outcome I posted is reasonable and likely and I'm personally willing to play it that way, but that's just me... GZ