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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 (49369)4/26/2013 9:29:15 PM
From: Wayners  Respond to of 219077
 
Snort.



To: Fiscally Conservative who wrote (49369)4/26/2013 10:00:44 PM
From: GROUND ZERO™  Respond to of 219077
 
Maybe, and maybe not so soon...

GZ



To: Fiscally Conservative who wrote (49369)4/27/2013 8:23:26 AM
From: Fintas2 Recommendations  Read Replies (1) | Respond to of 219077
 
I see a spx momo where the near term, 10 week and 30 week all have dropped. I see the spx sector making a lower high.

I see the sectors that have rolled to the left growing from 1 to the teens.

I see a spx 1900, 2400, 2900 one day in the future.

But the FUTURE is NOT NOW.

Thus objectively yes the spx can push a bit higher but to the moon?

Or put another way. I can see GE at 60 one day. But to the moon? First it's got to get past 24/27/29 and that's going to take some time.

So da chief is one of the best re targets. I agree with the majority.

I don't agree with the timeframe. I'll stick with we need a decent retrace before we assault 1900 and higher.

IMHO

Fintas