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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 (45015)1/31/2013 11:00:25 AM
From: Fintas  Read Replies (1) | Respond to of 220921
 
Unless my memory is incorrect OL ms spx was at spx 1350 not long ago in late 2012.

And for the objective MS SPX was at 1150 in the latter part of 2011.

We also know Ms SPX was at 1074 in 2010.

Ok so lets use some fibs.. I know there are many on these boards that use them when it's convenient to their cause.

So for this exercise let's not get real specific. Let's just use the 1150 and 1074.

Plug in the sequences and my my.

1350 doesn't look that difficult to this challenged mind.

TOO many ignoring %. and from where we have come as well as how far we moved and what the nuances are re indicators and history.

As a BULL I learned long ago when playing street football don't be so giddy looking up to catch that football
that you don't see that car you ran into as the driver was slamming the breaks and F#$k.

Run the fibs from lower starting points and tell me what you see.

IMHO

Fintas