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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 (49609)	5/3/2013 12:45:45 PM
From: Fintas	Read Replies (1) \| Respond to of 222410

I presented 1620 as an area I watch and then I have some fluff built in above it. Regardless 1458 is from where I work so unless someone thinks we are going to 1944 off that 1458 without some retracement I'd be watching 1620-1636 very carefully. I'd then be focussing on those numbers lower. The ONLY number that now changes for me if 1620 goes is the 1270. That now becomes VERY unlikely. Just as 18 would be for INTC. The buying helps to raise bases across the board. That is GOOD for the country. However that doesn't preclude many experiencing pullbacks such as DIS, HD, and similar. I just took some spy puts and JULY 13. All to say come boys keep buying.. IMHO runaway gaps do not happen when making historical highs. That means this GAP up in the spx and spy WILL be filled. Fintas