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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 (43157)	1/4/2013 2:22:17 PM
From: Joseph Silent	2 Recommendations Read Replies (1) \| Respond to of 220565

For those who might remember, I posted a simple chart a couple of weeks ago and said a two things.......... I said: 1. We had to move over both red lines, maybe at the same time, and 2. the bold white line would be the backbone of the move up for a while. Check out how things are progressing. I don't know what will happen now. It seems 50-50 to me that we take out the 1475 high right away. My preference is a small downmove to reset and then move all the way to 1500 instead of taking out 1475 and then correcting. But the market will do what it wants. :)