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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 (50236)	5/15/2013 10:38:27 AM
From: Fintas	Respond to of 218679

I've said in the past that on a bell curve certain sectors have sat to the far right for longer than considered causing equities within the sector to extend higher than considered. So I understand what you are saying. HOWEVER, when one looks closely at a plethora of added data then one begins to see that possibility of stying up LONGER is at risk due to the combined data that says. TOPPY. I kicked out GOLD at it's peak based on understanding that sector and it's position. EVEN though I have a much higher target for GOLD LONG TERM. This isn't whether I believe spx is done. I've MUCH higher targets for the spx. I've posted them frequently. This IS about what I see NEAR term. Near term we are overbought in many sectors and indices on a 30 week time line as well as near term momentums. YOU will not be surprised when it rolls and you will react VERY VERY quickly. I will NOT be surprised for I present it. Yet there will be MANY who will fight it all the way down. OH well. Fintas