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To: chartseer who wrote (50431)	5/19/2013 10:22:54 AM
From: Fintas	Respond to of 221768

Lots of data supporting such we are at extremes. The question is how extreme can we get and for how much longer. I've placed my bet and why I'm buying PUTS in the SPY.. So let em push em up to higher extremes. Yet for all the bluster out there the truth is Newtons law still applies and those who are much brighter than me came up with % long long ago. They apply as well in both directions. Thanks for the article Fintas

To: chartseer who wrote (50431)	5/19/2013 11:09:26 AM
From: Seismo	Read Replies (1) \| Respond to of 221768

I looked at the SPX data going back to 1975 and while the SPX is at an extreme at 12.8% above the 200 DMA, it has gotten as high as 20% above the 200 DMA a few times. We may or may not be in one of those few times. Probability says no. The Fed might say yes.