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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 (45228)2/4/2013 1:35:58 PM
From: expiredoptions1 Recommendation  Read Replies (1) | Respond to of 220880
 
GZ, do you remember Friday you said 1515 was the top. The high Friday was 1514.41, that's scary!



To: GROUND ZERO™ who wrote (45228)2/4/2013 2:15:04 PM
From: robert b furman  Read Replies (1) | Respond to of 220880
 
I've been thinking that was due for the last week or so.

Yet I see Klac , Lrcx,and Amat still swimming up stream today.

Wondering if there is a modest A wave down with a new high B wave and then a whoosh down - or possibly a final 5 th wave to cap off this long run.

Its tired and gone a long way yet rotation still seems to be happening.

Its high and could keep going and it sure isn't cheap to be buying.

I'm just watching at this point.

Long core divies and out of the short term trading completely.

Skeered to get back in without more of a sell off than we've seen.

Bob