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

To: gastrodoc who wrote (45610)	2/7/2013 2:58:53 PM
From: Fintas	1 Recommendation Respond to of 220648

I did well with both in the past. I stopped with the fnsr to keep it simple. One doesn't have to have a hundred stocks. Just a handful of quality equities that are fairly predictable. Now re JDSU, The sell point at 28 was determined by checking that RS when the stock moved from 17 to 29 in a handful of days and where many made a mistake they thought the stock would peak, pull back for the re entry yet theh work said OUT. It also said, 17 was a shoe in to the down, 14 and in the 9's Many argued. But low and behold all the way down to the high 8's. The use of RS confirmed lower was not going to happen re 7/6 and thus the re entry in the 9's. Here JDSU has it's range. A bit more left for the RS that can also be seen in a chart or a string but I don't THINK about it up or down because FA I know it's fine and more importantly it can go bye bye. I always have a play or two where a stock can be taken over. I call that the wild card play. Here and now as we go forward we will being to see some gobble gobble or private. DELL is out there but the reason it is out there those with money know how to grab value and keep it for themselves. NOT good if one owns dell at 59/40/30/20. Nor not good if one owns JDSU at 34. Keep it in mind when you play. Ask yourself can someone take it. GE? NEVER Fnsr? It's a possible So sure re read, write down numbers to get past my verbosity and send a PM. I will respond in a timely manner as long as I'm not in pain. Today it's patch on but manageable pain so no biggee. For those who have never had chronic pain it's not about removing it or masking it. It's learning how to LIVE with it. The faster one can accept that the easier life is. It can ALWAYS be worse. And why I say put it in perspective. Same with ms MARKET Ok so we drop 12%. NO big deal What's 12% from 670 to 1500 or 1074 to 1500 or 1250 to 1500. Or what's a 78.8 retrace for an apple from 325 to 705 but an overall 3 to that same 325. Got to keep it in perspective. . Fintas