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

To: zman69 who wrote (997)	11/13/2013 4:13:13 PM
From: Fintas	Read Replies (1) \| Respond to of 15903

Let's put some perspective on this. I own many core long. I'm in no rush. I'll sell them when they hit a target or I can defend. Yet even better, I'm in no rush to press the down. The onus is on the bulls. They are the ones that must keep buying up to support higher numbers and as they do find themselves in sky high territory. I say lets take the spx up 50% YOY before year end.. OH BOY.. But then? HMM Those wanting to short or who are intelligent with their puts, short have all the time in the world. This isn't spx 1343. It's SPX 1780.. That's 1620+162=1782 I Put that possibility up long ago. So now who wants to bet on 1782+162=1944..That's what it takes for ANOTHER X. But to get there well 1864 and that's what it takes for another x with the 108 from 1756. That's a high pole pattern that requires 3 boxes down and at that height of 1864 that would mean a reversal of 4 and those who do not understand that detail will understand come 2014/2015. Meaning the smart shorts are not worried. They will allow the bulls to drink all the water they want. If some fool wants to pay me 28 for JDSU I'll sell it. OR I never concern myself with selling a core when it's too high. I get nervous if I pull the trigger too soon to see it drop a bit and then go up another bunch. EX NUS. I kicked it out at 38 from 14 to watch it drop to 32 and then to 114. But the spx is not NUS and it's up 31%. Gravity is on the side of those who are patient. Csco reports and how long do you think it's going to take before the analysts identify that ok boys buying back stock is not the same as growth, increased earnings, margins. It's only when they focus in on the ok boys put that money to better use. Instead of peeing away investors money for a buy back to firm up a price. Sorry but I remember csco at 34 in change in 2007 and it's not even close. Chambers needs to GROW Csco..not reduce the amount of shares. Fintas