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


To: TFF who wrote (47926)3/27/2013 10:38:24 AM
From: Fintas  Respond to of 222224
 
NOW NOW..did you expect Apple to go to 700 in one move?

What you should be noting is that it couldn't take out and hold 486 given the pump it was being given my many yesterday. I'm now watching how far it falls to determine where it goes next.

As I do, I am also noticing some sectors rolling LEFT and as they do stacking up as a high rise. As that happens the question will be does the stack become so high they fall left or fall right. HMM if the MOMO is moving left then left is where they should fall. And as that happens that should cause others to follow.

KEEP in mind many are NOW committed to the going higher scenario. So they will do all they can to hold em up. That will cause things to take LONGER.

The LONGER they can go holding things UP the better for FED concerns. That is good. BUT the longer they go if things continue to blow up abroad that is a NEG for the FED strategy.

AND if that happens well have you read where I see MR DOW and MS SPX going?

NOT the end of the world but a nice healthy correction. TIS a good thing for the conservative bull that understand they don't just go straight up. Whether it be apple or other.

So the apple lites best get used to volatility if they haven't by now.

IMHO

Fintas



To: TFF who wrote (47926)3/27/2013 11:21:27 AM
From: GROUND ZERO™  Respond to of 222224
 
Yep, pretty much...

GZ



To: TFF who wrote (47926)3/27/2013 1:51:33 PM
From: NOW  Respond to of 222224
 
funds need to get it off there books so as not to look like losers