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

To: SGJ who wrote (51795)	6/14/2013 11:35:29 AM
From: Fintas	Respond to of 220619

Bernank's problem is the markets are NOT STATIC. if they were he could do what he wanted as he wanted and when he wanted. Unfortunately his strategy is affected by others. It's really that simple. And because of such as a BULL.. I would not be buying any stock or index that was OVER VALUED. I'll let the giddy do such. BUY em when they are cheap. Sell em to those who didn't want to buy them when they were cheap but now run with the herd. Ex few would pay 70 or 90 or 110 for GS but now they pay 161? HMMMM Few would pay 300/400/500/600 for GOLD but now they really liked paying 1800/1900. HMMM FEW stepped in at 675 spx 750, 950 and FEWER saw 1458/1500/1600 but NOW they have had an epiphany and see 1700/1800/1900 and for some 2000 ..by end of 2013. HMMM Ben will have all he can do to get unemployment to 7 let along 6 and hmmm he will be gone before such so he really won't give a hoot. And then the next guy can come in and then it will be lots of fun as we do our version of JAPAN and whose got the next best ideas. So as a BULL I'm not worried. I use covered calls and as a BULL I'm not concerned about SPY. I understand the numbers. BEN has his worked cut out for him. HE knows it and I KNOW IT. It's going to take MORE than words here and now. IMHO Fintas