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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 (44563)	1/24/2013 11:21:12 PM
From: Fintas	Read Replies (1) \| Respond to of 221000

OH heck I'll gladly provide you with a bulls objective view. Bell curve rolled a bit right to 61 ish. SPX bp now at 79. ish Near term and 30 week at the 84 ish and the 10 week at the 90 ish. The sectors to the far right are aero, building, forrest, insurance, housing, real estate. OH yeah step right up and buy your selves a home. Tie that money up and help to put in the bottom. Just don't expect to beat the returns of certain equities. But what the heck if you don't want to buy into the sectors above. Then how about gaming, media, leisure, restaurants, All to say selling is coming. Ingore it and pay to much. Bottom line I'm sticking with an easy spx 1350 with 1324 and 1305 possible. While here Ol APPLE RS dropped to the 19.60. Unfortunately I can see a 16. Do your math to determine the downside %. Once that is done consider that number down. Or let me make it simple. I can see 20% to get to that 16. SO let's be positive and think 18. Well golly that's still close to 10% So 450 x 10% and that's a 45 and works with a 405 which by the way works with 486. But what about 20%. Well tha't 90 and that's 340 and that gets close to a 324. CMON some will say that is ridiculous. The companies got billions in cash. It earned 13 plus per share. YUP and all of that means nada to blind numbers. Here and now I'll stick with my 448. MY am I brave. BUT....ssssh don't tell anyone...I know you and I are the only ones reading this but if the ship of APPLE doesn't take some very good defensive moves or try an offensive assault that 324 can easily happen. However before it would occur there would be a nice bounce. And if that bounce is based on nada then many longs better brace themselves. A wave below 324 is UGH. Hope you do well with your position. Fintas