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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 (50667)	5/23/2013 8:22:21 AM
From: Fintas	Read Replies (1) \| Respond to of 220486

I refer to an excess above a target as FLUFF. It's why I'll put up a numbers in strings or sequence. Then out to a point where they either make sense of not. Ex there are those who are projecting spx 950-670/450 in the future. Yet my work can not support those numbers. As we know I can support the 1300's. So to the flip side I can support all the way to 2900 and a bit beyond IF all things align. and with the appropriate amount of time. Yet here and now I had the 1620. 1674 was but another small sequence and another 12-18 was pushing it and meant nada to me but just FLUFF.. After some selling and yes I see your 1597 number.If the foolish want to keep paying up after it is hit then yes I've a 1728 and a 1782. Do I think that is going to happen. NOPE. I expect after any bounce either towards the 1597 or after the 1597 for ms spx to come down to 1560/1512..bounce and down to 1482/1450 to the chagrin of fellow longs who want to believe the world is rosy. HOWEVER...since I work from a 1458. It would mean nada to my down view if 1782 was hit. I'd have to see a 1944 before the down view would change. 1944 would make 1270/1305 are unlikely. The reality of this economy or this worlds economy do not support 1944 here and now. IMHO. By the way most do not grasp my ranges or sequence. Mainly because most think to short term or didn't spend enough time with their ERECTOR SETS as a kid on how to put things together or in fact take them apart. Bernanke and gang have done well but they don't walk on water. Nor are they able to act like ATLAS. Only in the minds of TEPPER and others. We shall see how things play out. As I have posted I'm comfortable with my strategies. On an aside Kudos to the gal. Keeping one's mind active is a great thing. Fintas