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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 (45005)1/31/2013 8:31:13 AM
From: Fintas2 Recommendations  Read Replies (1) | Respond to of 220891
 
From my perspective the FAILURE to take out 1512, 1520,1556 says here comes 1458. and after any bounce that I expect to fail, say hello to 1405 and zzzz then 1350. Traders will have their fun up and down. BUT lower numbers are coming and I don't need to see that close under 1481. Sort of like not having to see that curve ball but know it's coming.

NOW had we gone on to 1620 then I'd say kiss 1200 goodbye and get ready for 1458 to be the new pivot. Here and now ol SPX 1324 has not lost it's stature of where a lot of action took place. But first one has to get under the previous 1340 area. HO HUM.

BUT alas 1620 has not happened. YET. It will one day and just as 810 went bye bye, 972, went bye bye so too will the 1300's be bye bye ONE day but NOT at this moment,

ALL IMHO

Fintas