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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 (47970)3/28/2013 8:25:22 AM
From: Seismo  Read Replies (1) | Respond to of 221936
 
The DOW went above the upper Bollinger Band on the monthly $INDU yesterday. Looking back over 3 decades when this has happened before, it has always signaled either a top or a drawn out near top.

The toppy signals are accumulating.



To: GROUND ZERO™ who wrote (47970)3/28/2013 8:30:01 AM
From: Fintas  Read Replies (1) | Respond to of 221936
 
Agree with you but with an *. We can rule out the NEVER. I'll stay with the NOT IF.. But WHEN and my focus is from how high and then my focus will be how low do we go. I've put up the numbers I consider for both UP and DOWN.. Hasn't changed. Until I enjoy the green. I keep asking all who are bulls like myself to pay me 60 for my GE since why make an old guy wait. Or 42 for my msft, of 35 for my bac, 60 for my JPM, 11 for my Drys, 28 for my jdsu etc and for whatever reason for all the BULLISH TALK and we are going to the sky. NOT ONE taker to pay me upfront. SURE is disappointing. Makes me ponder do they really believe what they are saying? SMILE

OH well guess I'll have to do it the hard way and wait. Except..sniffle it could take a few years for some of my targets to be hit.DAMN.

OH well..I guess many just like to talk it and not willing to pay Up before it happens.

Fintas