Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (51055)	5/31/2013 2:24:16 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 223021

Okay... thank you... relieved... your not a starched ewaver or a bear like Prechther. I agree utilities are headed lower as the rotation out of high dividend safe plays moves to growth and more speculation... these indexes will head higher. The imbalances caused by congress - housing - bankers - world wide excesses and central bank policies have all made any long-term trading of soft commodities very difficulty... and lumber is a perfect example. Trading in and out of futures based on ranges has been more productive then position trading... even trend trading wasn't very productive. However... that changed in our stock indexes in Nov 2012.. staying with any simple trend system would have returned nice returns. Today we're asking if this easy trend following is breaking down. So far I do not believe so... my work says it had to happen these last couple of weeks... next week is a new inning in the ball game. Looks like the upwards trend stays in place... if'n the SPX cash chart stays above 1645-48. Thanks for your in put Have a Great Weekend Chip