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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 (48328)	4/8/2013 9:16:37 AM
From: Fintas	Read Replies (1) \| Respond to of 221924

When I do my forecasting I do it a bit differently. I KNOW the 1540 is going to fold. It is just when and from where. Here and now I'd have to see the 1620 go and hold to change my view re spx 1300's. Since that has NOT happened then I hold the view of 1512 is coming on the way to 1458 etc. To get there 1540 must go. NOT if but when. Expect more sectors to roll left of the 50 mark. As they do I'll put them up. The only negative is that as I put them up that means more equities within are seeing profit taking to lock many in who are not nimble or experienced to lock in profits. EX GS. Down from it's highs and now down trending. Or another WYNN. Betcha some would love to give back that one time divi to have that 165 high. Any near term bump just pulls more money in. So bump away.