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

To: Fiscally Conservative who wrote (46973)	3/8/2013 3:32:01 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 221905

I fully agree and it will not end pretty... it will become more obvious when the FED and ben begin to unwind their bond holdings... GZ

To: Fiscally Conservative who wrote (46973)	3/8/2013 4:20:51 PM
From: Fintas	Read Replies (1) \| Respond to of 221905

Market is UP because there are more buyers than SELLERS. NOW if one were to look at who those buyers were and how they were buying then more is known. At some point there will be sellers and yup buyers trying to buy what they are selling. ALL the way down into the spx 1400's and oh oh lower. IMHO In the end it's GRIND GRIND. Longs sit back and. hold and pick their spots where to write covered calls, or other. Those not in get a feeling of desperation. They lack discipline. They were not secure enough to buy off the lows and now they buy foolishly. DIS at 57 REALLY HD in the 70's... REALLY. And as this happens ol PRECIOUS metals sector drifts to the 16. LONG ways from that 90. Non Precious now sits in the 31. At some point they rally just because they are oversold. Finally the MAJORITY of sectors now sit at 63. Like a herd of buffalo stacked against each other. One loud noise and STAMPEDE. This bull sits enjoying being a bull but knowing someone just paid him x for his y calls. SILLY person. But thank you. Fintas