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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (79162)1/27/2013 10:39:09 AM
From: Thrifty955  Read Replies (2) | Respond to of 207072
 
nice chart----spx chart looks like we've go a year to go



To: Kirk © who wrote (79162)1/27/2013 11:01:34 AM
From: Fintas  Read Replies (1) | Respond to of 207072
 
Something to consider re semi's.

Sits at 44.59 re the bell curve.

UP from 24.

That UP allowed for a push up on it's near term momo @ 70/ 10 week @ 84 and 30 week @ 70.66.

What is it suggesting to this bull.

SOX will push a bit higher but another dip is coming due to the near term bump in that momo at 84. It was 88. So some money is leaving.

That should give an opportunity to take the intc's etc a bit lower. I say a bit for the positive trend and relative strength patters are in the 30's. NOT much reason for them to go much lower. That would suggest that the momo's will roll a bit and then come back again to begin to turn those patters UP and thus take the semi's into the 60's re bell curve and the sox up and past 500.

And what does all that mean. BUY the good SEMI'S companies or sox on DIPS.

SOMETHING to consider the many sectors to the RIGHT on that bell curve.

FORREST, BUILDERS, HOUSING, REAL ESTATE, AERO, CHEMICALS, INSURANCE, AUTOS, SAVINGS, WALL STREET, BANKS, RESTAURANT, MACHINERY.

ALL at 68 and higher.

Want a short? Look close at some of these sectors. Aero/Builders,Forrest to the far right at 80 or higher with Forrest at 82.

An ex of what can happen to a sector that becomes overbought. Precious metals and once at 90 ish and now at 28. Metals not far at 41.

I'm long with core re BAC, JPM.

However I do understand stocks do go up and down as they move HIGHER. Those two do not have impunity nor do their sectors.

IMHO



Fintas