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


To: GROUND ZERO™ who wrote (51262)6/4/2013 12:12:33 PM
From: Fintas  Read Replies (1) | Respond to of 222131
 
SOX..shhh 486 UP and 396/378 SAFE bet to the down is 404. So why's it up. INTC is heavily weighted in the sox.

The momo for the NEAR term has begun rolling after being at 82 and is now at 70 30 week and 10 week momo are in the 70's and ready to roll. The sector was recently in the 40's and now in the 53 ishs. JUST A BOUNCE. Problem with semi's. THEY RARELY bottom in the 40's re the sector and go lower. That would suggest that soon those who have been buying will walk away to come in another day and at lower prices.

So there's your range. X % up to that 486 and UGH Y % down to the 402 and lower. BUY BUY BUY....

Traders trade and investors look for VALUE and when the bell curve is to the left as well as indicators are BOTTOMING. NOT peaking in the 80s as the momo recently did and is rolling over..

Those who have access can see what I just presented. PNFERS use 54/27/18/9 value boxes.

IMHO

Fintas



To: GROUND ZERO™ who wrote (51262)6/4/2013 4:12:23 PM
From: Peace  Read Replies (2) | Respond to of 222131
 
No particular reason for SOX to be strong today, but it gave me the opportunity to finally unload SOXL for a decent profit. Have raised 50% cash in the last few weeks as planned and now parked into ultra short small cap Pro funds. Hope to use that in a few weeks to pick up some attractive stocks and enjoy the summer in the meantime.