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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: berniel who wrote (82275)	5/23/2013 2:36:07 PM
From: Fintas	3 Recommendations Respond to of 208253

Ya know 2015 is a LONG ways off and not only can bad stuff that you consider occur but so too good stuff. I'll help you out with a real live thought process. If one is in critical path the goal is to BUY TIME.THAT is what we did in KUWAIT. We BOUGHT TIME as we kept refineries up and going. Then afterwards we backed in to fix many things permanently. If one can BUY enough time then temporary fixes can be put in place to aid in a more permanent fix. NOW if while one is buying time MORE crap happens as you and others consider. Then it depends on what the conditions of that crap are to cause delay or bring it to a halt. EX: BURN UP some gear due to CT's not being shorted and the replacement parts are long lead then forget any start up soon. And that would cause delay in production etc. Or be successful with some action way back then and that would have put in some serious delay and put the effort at risk. That incident was unsuccessful so it did not occur. Those who are savy and informed understand what I'm presenting. So are we going to face serious consequences going forward.. HMMM My work suggests things are not that rosy and they are NOT. IF they were Bernanke would have stopped long ago. *BUT my work also knows he's been buying TIME. LOTS of TIME and as he has we can see more and more TECHNICAL support for many areas that would prevent a deep sell off. So that says to me. RAISE your lows. Heck you can ALWAYS re enter. I'd raise them to hmm HEY how about spx 1305-1350 and then we can be back to back in the heat of debate. SMILE Unless we got armegeddon. Or the trumpet blows in which I hope to hear it. SMILE Just having some fun with ya. Thanks for your sense of humor. By the way Red lines were taken out long ago at dow 11000. It didn't stop it from retracing to DOW 7000 and ditto SPX 1100 to the up to see 667. So I like red lines but I also understand THEM in the BIGGER picture. It's why I'm not looking for a direct run to SPX 2900 or was I looking for GOLD 3000 without RETRACE. Fintas