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

To: Chip McVickar who wrote (49894)	5/9/2013 11:36:43 AM
From: Fintas	Respond to of 218570

As you look at that PNF and do so to the LEFT you will see one of the reasons I didn't see spx going back to 950 back in 2010. That bottom was done when one looked at some other variables. Also if you look to the right and are able to consider each up and down as a WAVE.. Then as you count a detail will begin to pop up. I can take this same chart and look at it with a 162 and 486 and something else will be revealed. I love being long but I don't like being blind. Begin to project a count DOWN.. back test with different boxes.. The simplest being a value box of 162. Think in terms of 3. Watch what shows up. Look at it again with a 486 and that will help to see the 1944. The question begs can it get there without relief. And if so what's the count down. NO don't use the 486. USE smaller boxes to consider what's it take to get to the 1486 and then from there? What amount of relief would be possible. How does that play out against fibs. How does that play out against a chart off the 1074. I spend a lot of time looking at numbers. I spend a lot of time looking at details. As I do I hang on to views of the core LONG and how high they can go as the numbers work and supported by this little thing called FA. I also consider things that can go astray in the night or day and take one's breath away. NEVER losing site of the LONG side which is why I've put up a 1944/ 2430/2916 but to get there one has many other numbers to eliminate on the way. I.e 1786/1838 etc etc. TO the down most will see the 1540. Many will see the 1490 and the 1470 and even the 1405. Heck they've been mentioned often. FEW will see the 1350. Yet a look at it via 486 and understanding the count down from 1458 says to me. SEE you in the 1300's. NOT tomorrow. OVER TIME.. First things first though I watch to see where it ENDS UP. It's getting TIRED... very tired. IMO Then I get to read those who will see the drop to the 1590 which equates to the 159 spy which HO HUM fills that gap UP. Have a good one. Im back to watching the important stuff such as ESPN 2. SMILE Fintas