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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 (49883)5/9/2013 9:31:36 AM
From: Fintas1 Recommendation  Read Replies (1) | Respond to of 220518
 
That 2007 top did not have enough behind it.

I've said often watch 1324 and above that 1458 ... 1324 has lots of time and work in that area. As we learned recently so too the 1458-1486. Everything above has not had enough TIME in my opinion.

Plus just plugging in a 10% correction brings it down to the 1458 ish.

My concern as I look at things objectively and project TIME is if they aren't careful ol 2014 isn't going to be a fun year for those LONG.

As for details re this or that. I'm always listening to words and how they are used. EX. BAC up from 5 equals x %. Or up from 2.75.. Below the 5. But then again down from 20 to 13 is?

ALL too often those who use words don't present them accurately and one best have a handle on what is being said or not said.

Ex. I'm up re GE. But I also know it's down from 42 ish in OCT ish 2007. LONG ways to get there or just to fill the gap down at 35 where it missed it's numbers and collapsed to the 29.16. Then from there it collapsed to the 24 ish when they didn't vote YES for the tarp.

And here it is still trying to fill that gap at 24 ish. Then it has to do the 29 ish and then the 35 ish to huff puff the 42 ish.. WHEW.

But what the heck why pay attention to the details. AHH to be informed versus GUESSING or driving blind.
Fintas