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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (45457)	2/6/2013 1:55:27 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220517

Well, today is the 6th... the bullish part of the month between the 28th and the 6th is over... look at the SP chart for every month, there is a powerful tendency for the market to rally in that time frame... so now, this market could return to relative normalcy what ever that is... GZ

To: Fintas who wrote (45457)	2/6/2013 1:59:21 PM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 220517

Because conventional wisdom expects AAPL to, at least test her recent lows, be pull lower with a general market selloff. Assuming there is of late a finite amount of dollars chasing the Big Apple via rotational change between like minded equities the course lower is clearly defined. Lol, then again, maybe not.

To: Fintas who wrote (45457)	2/6/2013 2:05:06 PM
From: expiredoptions	Read Replies (1) \| Respond to of 220517

RE Fintas: I totally agree with what your saying. I personally don't go long a down trending stock and avoid shorting an up trending stock (the exception is my Spy etf mathematical trading program). My chart training (Pristine 1990's) has always taught me to short down trending stocks when they rally into their declining overhead moving average, and long up trending stocks when they pull back to their supporting moving average. My Apple comment to GZ was because he was already long AAPL and I can see the potential for a short term counter-trend rally up to the declining 20 day moving average. But its not something that I myself would do.