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

To: sandeep who wrote (49778)	5/7/2013 1:49:10 PM
From: GROUND ZERO™	Respond to of 218599

Yes, you're right, it may "seem unstoppable," but don't be deceived by your eyes... we're almost there right now, maybe an overnight rally will put the icing on the cake... just a hunch...<g> GZ

To: sandeep who wrote (49778)	5/7/2013 1:51:53 PM
From: Fintas	2 Recommendations Respond to of 218599

Anyone worth their salt mus believe in their work while being open to change if required. You haven't heard me say I'm selling core. What you are hearing me say is the SPY is toppy. A target I presented LONG ago has been hit re spx and spy and the weight of the work supports a PUT is the best way to exploit. In the past when we were at lows I was saying the opposite and CALLS were the way to go. I'm well aware of rotation in the work. Heck I've spent enough time identifying the sectors and their vulnerability. The debate is we go up forever. I agree with go up to 1786/1944/2430 etc. As Buffet is saying the markets will continue to go over time. I agree. BUT! Here and now my works and my money says. I'm buying PUTS on the SPY. Place your bets. Remember I'm not picking a day as in it has to happen tomorrow. I'm using numbers to say.. OVERBOUGHT. IMHO Fintas