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

To: golfer72 who wrote (2579)	11/24/2013 9:30:11 AM
From: Fintas	1 Recommendation Recommended By toccodolce Respond to of 3209

Morning. So you are one of the ones smart enough to take drys off the latest lows. If so COOL. I spent an hour via a skype call yesterday with a gal I know going over DRYS/ORIG and my upside target for drys for 2014-2015. I finished with do NOT sell drys till you see the targets presented. Drys will act as JDSU did re upside potential re %. She owns it in the 1.78 area. As for Clf. I took a peek and I don't know if you own it..want to own it. So a little helper, Cost basis or ? I can say I do not know ANYTHING about it's FA and most do not know I spend lots of time with FA to allow me to be comfortable sizing in etc. Meaning I'd like to have a better feel. So give me an idea of your strategy and I'll take a closer look re the techs I consider. Fintas OH and maybe YOU can get VITAS to answer why he didn't buy DRYS. Instead he puts up some dumb chart that any long is familiar re the dry bulkers and what the stocks have done. DUH. Maybe you can get the stalker/basher to put up a number for spx into 2014. Stick around and we can watch drys push the retrace to 6.44. It's coming. I'm sure you are aware of the divi ORIG is coming wtih next year that goes to drys and how that number can be tweaked. I'm sure you are aware of what ORIG's UPSIDE IS and how that adds to DRYS value. Fintas

To: golfer72 who wrote (2579)	11/24/2013 9:46:36 AM
From: Fintas	1 Recommendation Recommended By toccodolce Read Replies (1) \| Respond to of 3209

GOLFER..I just went back and took a fast look at CLF via PNF. First it's x's up in it's rsi pnf pattern. Given what's going on that's a good thing. Doesn't mean it can't reverse. Just means given most have that's a good thing. And the up shows 30% with some areas of resistance. My work would see 29.16/34.02 as near term possibles and 42 longer. The lower numbers covered by the RSI presented. The longer term by % higher not stated re RSI. On the flip side IF the x's were to roll to 0's. Then 24.30 to apprs 22.. The o's pattern would suggest just the 3 box and a drift but that's no big deal as one consider the look of the pattern. So IF I wanted to step in AND the FA is SOLID. I wouldn't not be afraid to take a bite and size in if it goes lower and staying focussed on that 34/38/43 Hope it helps. Fintas