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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (71)10/11/2013 6:43:45 PM
From: Bert  Read Replies (1) | Respond to of 15903
 
$BPGDM weekly looks bearish......the other BPs don't look that hot either......Homebuilders put in a supportive weekly stick.....as did other real estate oriented charts.....Circus Maximus



To: gold$10k who wrote (71)10/13/2013 9:35:15 AM
From: Fintas  Respond to of 15903
 
BP nyse hi low was at a 90. As we have seen the dow push the 15600 hundred, fail, push, fail that hi low has gone from 90 to the lower 60's.

I've work that supports Dow 13800.

I'm comfortable longer term that's coming.

Near term the numbers are distorted due to the activity re politics. Yet if things were REALLY that good why is the BP NYSE HI LOW TRENDING LOWER.

That's because there are those SELLING their inventory with a lower cost basis to those buying.

IMO

Fintas