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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (2572)	11/23/2013 7:40:37 PM
From: Fintas	1 Recommendation Recommended By toccodolce Read Replies (1) \| Respond to of 3209

Sorry Vitas.. you don't get the specifics. I have said all along I focus on targets. The ups and downs simply all for me to take the bites of equities, build the position to the amounts that I AM WILLING TO INVEST. NOT YOU. NOT any on some message board. Those ups and downs allow me to buy calls when I want. When to sell those calls and I use certain indicators as I monitor patterns. I buy calls based on a formula. I sell base on a %. I am KNOWN to roll the dice. BUT if I am rolling the dice I've already made profit that allows me to do so. I bought the BAC calls and sold based on details of RSI and strings. I use such as to when to sell a covered call and what strike. In the money or out of the money. I NEVER cut a stock loose. The only way a stock will disappear is if they are taken or hit a target Otherwise. I just focus on the target. That was done with JPM up and down, up and down, up and down. That was done with JDSU That was done with Seagate in 2008 That was done with GE, up and down up and down And as you presented it was and is being done with DRYS. UP AND DOWN till I see the target get hit. I do not just use TA. I am strong in FA. I never concerned myself with GLW years ago. I never concerned myself with IBM in the early 90's. I don't concren myself with DRYS. I understand the 1/2 of dry bulk/ deep water oil rigs just as I understood disc dirve and software with Seagate/Veritas. It is those who are day traders, follow momentum that do not understand the naunces. They are the ones that get nervous and don't know when there's a bargain. They also don't know RSI have ranges and that is soon to be seen in BAC. A stock I'm long core. If I am doing such although I can see 25/35 one day in the future and NOT 2014. I see a retrace and have positioned for such. Now what did you say, your SPX target was for 2014. Your POG target for 2014 And why didn't you grab drys at 2.15. when it's 14.57 you will wish you had. Fintas