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

To: Gary105 who wrote (55949)	12/16/2013 5:12:57 AM
From: GROUND ZERO™	Respond to of 220744

Yes, I would agree with you on that, but I suspect that will likely change as this market again turns higher... Here's another and more current update on the most recent wedge breakout now that the futures have recovered all its overnight losses and are now nicely higher this morning... I may be missing something obvious, but this chart pattern does not look bearish to me... GZ

To: Gary105 who wrote (55949)	12/16/2013 7:15:40 AM
From: Fintas	1 Recommendation Recommended By GROUND ZERO™ Respond to of 220744

Gary: USE 1.62/3.24/4.86/6.48/8.1/9.72 as value boxes for the near term. As you do use 18/54/81/162 for the LONG TERM. What do you see? Which direction are those smaller boxes heading. And what is needed fro each to turn their direction before there would be any impact long term? EX it will take a 24.30 move to turn the 8.10 UP from it's bottom. Or turning up 5 or 10 or 13 is a bit different than turning up 24 or 29. My long term numbers are well known. The near term is just that. NEAR TERM! Be careful to not be buying what another is trying to sell you at a top. IBM at 207 ish is a good ex as was CAT at 115. Soon that will apply to many of those in sectors extended. IMO Fintas