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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 (50259)5/15/2013 1:45:23 PM
From: Fintas  Read Replies (1) | Respond to of 219712
 
I've got targets all the way to SPX 2916 and 3240. SO YUP.

What you and others do not have is my micro view.

Nor do you or many others understand the counts re sequencing of strings.

OH well.

Just KEEP on buying. Just as one can tweak those numbers DOWN to know when to buy so to they can tweak those numbers UP to know when to sell/ write a covered call and as it is here and now BUY PUTS.

I have to admit I roared earlier as I listened to those on fast money suggesting they buy BAC for the up of 50%. HMMM where were those clowns at 6/7/8? Oh that's right they were doing the panic crap and not understanding the FA or the numbers and WHY Buffet put up 5 BILLION for 6% and a bunch of warrants for the 7.90 if memory serves me.

Not that I don't agree with the target of 19/25. But ol BAC is going to have all it can do to get past 14.58 near term. It will probably do the 11.34 long before it does 16. But what the heck..buy buy buy BAC. I'm long core.. No calls though. Kicked them all out. I HAVE written Covered calls though.

Fintas