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

To: Peace who wrote (51420)	6/6/2013 11:36:27 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 220538

It sounds reasonable... thanks...<g> Except, I think the bonds could still rally from here, I don't think bernanke wants them to fall any further... GZ

To: Peace who wrote (51420)	6/6/2013 11:38:49 AM
From: Fintas	Read Replies (2) \| Respond to of 220538

Let's define BROAD TRADING RANGE. Let me give an example. As GE was doing it's thing it had a range of 13.68 to 21. All the while getting stronger and readying for the next string and leg up. It's still doing so but that RANGE has now narrowed and all that could have come back in at 13 ish or 14 ish or 15 ish or 16 ish didn't do so. But so many are thrilled to get it at 21. HMM One day they will pay 29 and be happier than pigs in mud. All you suggest is probable. What I would present is a market that can have many a sector and stock within a sector have nice retracements to allow for profit taking and unwinding to also allow for further UPSIDE in time. That is why I expect a lower JPM That is why I expect lower spx numbers than most want to consider. As for the FED. I've discussed it frequently. They didn't do what they were doing to be nice guys. They HAD to do it. There are consequences that can be seen easily and then there are consequences that are yet to be seen. UGH. IMHO Fintas