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

To: SI User who wrote (51403)	6/5/2013 9:02:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 220491

The trend is clearly down, but the market is already way oversold... GZ

To: SI User who wrote (51403)	6/6/2013 12:25:44 AM
From: Fintas	Read Replies (1) \| Respond to of 220491

I'd submit you were prescient and saw what was coming. The fact you sold allowed you to position if you wanted to do so and in fact the downside you present is a reasonable retracement given the move up from 1266. I'm not sure re the late July/August. I'm afraid the bulls who refused to see it will not be let off the hook so easily. I'm sure some will want to exact some slow pain on the way to that 1462. NOT that I'd complain with the JULY/Aug 2013. Just saying I think that's a bit early. Now the only thing I ask is what's taken you so long to provide this great view and work. Thanks Fintas.. OH you might want to expand this chart for 3 years. What do you see? .