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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 (51061)	5/31/2013 4:23:36 PM
From: Fintas	Read Replies (1) \| Respond to of 223021

I keep saying it but many don't accept what I'm saying. Or do not understand or whatever. Some choose to ignore but in the end who cares. The numbers will be hit with or WITHOUT ME. My back ground is ALL about targets. I don't concern myself with near term noise. I focus on the bigger picture and as I do I break it up into components. Most are NOT looking LARGE. Most are looking to narrow and thus can only see such. So do I have BEAR view? HARDLY. I'm a greedy bull that understands when something is oversold, or overbought one has to shift from one area to another. Elliot wave has it's advocates and detractors. As we know there are those looking for spx 450. NOT! And we can stair step up with the forecasts. I've presented my work. My numbers suggested down are not DIRE. I've spent enough time explaining them. What is dire is the resistance towards a BULL that can SEE UP, that can also see DOWN. Yikes. As we can now see as of this date 5/31/2013.. DOW 15115... SPX 1630 It was going there. One had to be OPEN to seeing it. But HMM why am I not surprised with the 15115 or Spx 1630. Oh that's right I presented them. Bounces will FAIL. EXPECT the bounce. The HERD will try to support their positions. You saw WB do a bit of that as he bought UP re IBM to help put a floor in. SHHHHH if you see outside the box, what he did was do what management would like to do but has to have an approval etc. He put a FLOOR in. He supported his OWN position and came in above his cost basis. Others will do it in other areas. In the end ol WB isn't looking for a moonshot with IBM. He's just looking for 246 over x years which will be x % So as we dip the firms will step in to support their areas but as this plays out they will run out of space to play and the shorts will do their thing to help drive this down to areas nearer the mean. Maybe I should be feeding the data to the pin heads on TV.. BUY BUY BUY.. No buy on a 3% dip. NO buy in x sector.. How about you buy when values and % suggest one does such. DUH. Fintas