SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (49924)5/9/2013 2:42:13 PM
From: Fintas  Respond to of 218385
 
Sorry but it doesn't work that way. If you did the math instead of debating you would see WHY it will be hard to continue.

If you understood the count UP and what it would take to continue going straight up. Then you'd have to understand how many boxes straight up it would have to go without a correction of hmm 3 value boxes times 4 or 12 points.

I'd continue but I'll let time prove me right or wrong. 918 IS possible. It was possible weeks ago as it dropped as you know. So now it's possible again but lost time. While that has happened the sector has shifted left, the spx is tired and the next layer re RSI at 36.2 is 5%.

Sorry GOOGLE's got a retracement to the mid 825 and lower is coming.

JUST WHEN.

While I'm here it will take 9% for INTC to turn It's RSI pattern up via pnf. Yet those expecting 30 soon best reconsider. Once again the Sox has a gap up. The sector is rolling and semi's tend to go lower than expected. Yes it's bouncing. Those up from the 20's enjoy. Those who want an entry can wait or watch it pullback again. Any with a dorsey service take a look to see why I say what I say re INTC or GOOGLE.

IMHO

Fintas