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

To: Kirk © who wrote (51956)	6/19/2013 2:03:22 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 221925

Okay, what's shaking these markets right now? TIA GZ

To: Kirk © who wrote (51956)	6/19/2013 2:30:39 PM
From: Fintas	Respond to of 221925

2007 is a classic example of many looking for it to go higher and watching the red line at spx 1600 and dow 16k. PSSST it didn't go HIGHER and it DIDN'T take out that red line. NUFF said. It also took x amount of months from that area of failure to the bottom of spx 670 ish. Additionally, many had portfolios that were at all time highs back in 2007. Those that were busy looking UP and didn't protect themselves learned a HARD lesson. Unfortunately many are still around and not held accountable. HMMMM As I said I've a spx 3024 for a TOP. That's a long ways from 1650. However before it gets to that 3024 retracements are not only part of the process but in fact a necessity. To present otherwise is disingenuous. Those who invest blindly will learn the hard way. Do your due diligence. I do. But what the heck. BUY BUY BUY. Someone is will be willing to sell you their product. Regardless..Spx 1555/1458 and other are coming. I hope understand what the FED is not just saying but DOING and WHY? ALL IMHO Fintas