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

To: Brian Sullivan who wrote (53295)	8/4/2013 2:03:00 PM
From: GROUND ZERO™	2 Recommendations Recommended By D.Austin Machaon Read Replies (1) \| Respond to of 218924

Brian, no one buys the bottom tick or sells the top tick... frankly, no one really knows what this market will do from here, but i suggest you take a look at my two previous posts addressing the lack of participation among retail and institutional investors... we're now in August... September and October are historically the two worst market months of the year... I'm going to close out my long positions just another few points higher, precisely at 1707.90 in the September contract... and if 1707.90 doesn't stop this market, then i don't think any higher than 1740.90, but what's another 30 points after the incredible 1000 point SP rally... I don't care to chase this market much when the wind favors the bears... I have no problem waiting until after Halloween to buy again after the tax selling kicks in and is finally over for this year... GZ

To: Brian Sullivan who wrote (53295)	8/4/2013 8:19:12 PM
From: Fintas	1 Recommendation Recommended By toccodolce Read Replies (1) \| Respond to of 218924

First: You have used PM in the past and you could have again.. My work is MY work. Intended for ME and reflects what I'm doing. I don't care what you are doing. And as for my posting a position the last thing I want is a crowded trade in or out. Especially with options. However let's not be doing the you sold and then it went up another dollar. Fact is looking at that chart it did drop and you could have re entered. You stated such. You chose to not re enter. I asked you re cost basis not because it was a tax issue just to have an idea. Fact is I might have had a play for you had you done so. You WANT. What do you provide? Do you even say THANKS? NAH.. You want to sit back and ASSESS. REALLY. Assess this 5 times on one call and 3 times on another re BAC. And long core and not selling to one of my targets is hit. I find it of interest there are a handful here that want to do the tag team. Each taking a shot here and there yet no one providing details:. just comments. You say you want to assess my work? WHY? Are you paying me on a % or profit? Fact is I'm not assessing your work. I do not care. I didn't need you or any other to tell me to buy BAC or to buy the leaps. Or when to write a covered call. Come to think of it I didn't need anyone to tell me where we are today re spx. As for nebulous. Nebulous to whom? You and others don't see out far enough so that is your issue not mine. I SIMPLY pick targets. Targets that will be hit. WHEN they are not I'll be the first one to state such. Yet those targets are set in MY TIMEFRAME..NOT YOURS!!!! The majority here couldn't hold a year let alone 5 years. Nor implement the many strategies one can in that time frame. I've presented my numbers for the SPX. I've given long term UP And near term retracement. It will only be a retracement. Not the end of the world. Yet it will be a healthy retracement. I once asked you to show me where I stated the spx was going to drop SIGNIFICANTLY by end of summer. YOU refused to respond and for a simple reason. I never said it. Did you retract such. NAH.. So here's the bottom line to all my fans. WHY are soooo many soo concerned with what I say. R you concerned I am wrong. OR are you concerned you may be wrong. ME? I i I focus on my work. The rest is just passing time. The SPX is going DOWN to numbers presented in the near term.. Yet in the LONG TERM spx will go UP. The question is what's near term to me or to others and what is long term. ENJOY the next 1-2% and THEN? I just put up a timeline re the DOWN. The SI board is for discussion not giving stock picks. ALL MY WORK IS MINE. AND IMHO and MONEY Fintas