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


To: MythMan who wrote (2651)3/14/2014 11:55:20 AM
From: Fintas  Respond to of 3209
 
Myth Man.. I run numbers. I put them up for ALL to consider and if one looks very close they will find that at some point a derivative of any of my numbers will hit many a dotted line.

The key to such is to understand their ROM.. UP and down.

Whether it be a STOCK where I held JDSU from the 3's to it reaching 29.12 and sold in the 28.s AND THEN understanding down in steps to 21/17/14/11/9 and it ended in the 8's after I re entered in the 9.15 and I am NOW long for the 21-24.

To do that one has to understand FA for the UP.. The mechanics to get it UP..

And when the stock reached it's target and ran out of gas to allow those who Naked short to come in.

The spx has been helped by the flip side. That moment just came to an end or is very very very near and the end will be debated till it plays out.

Some wiill think 1836.. Some 1770....some 1727..some will see lines and say it will stop at this line or that line

But I put up for a helper for those who want to be objective OVERLAY POG to see how they can take them thru areas of supposed support.

The 50 EMA will soon go as will 200 EMA.

I prefer to understand it and accept it. While doing so I don't use timeframes of 3/6 months or 1 year.. I look out much further to see the SPX 1074 back in 2011 and beforehand.. The time spent there.. the 1324 the 1266 of June 2012 and 1343 of 2013. Where is their real support..SHHH 1266-1324.

The argument will be things are too good and the valuations of spx support the areas for 1648. Yes in the world of the USA lives in a bubble. But it doesn't.

So my FA work says NOPE.. And thus. any running fibs from the 1074/1266 or heck 1324 and the use of the right % can see 1458.

OR just try to understand strings. 972/1458/1944 and if it took 3 x 162 = 486 to complete up then what happens when they roll over 3 value boxes. Well since 1944 has not been hit.. OK then what happens when one uses a 108 x 3 and given the extension is 3 enough or 4 or 3 x 108 and a 81 or a 64 or 54. What happens when one just considers TWO 162 from 1782.. NOT 1944 since it has NOT been hit?

When one does that one doesn't see LINES.

One just sees NUMBERS and if one looks at a HANDFULL of those numbers and their sequences one will see the range. UP or DOWN. To see JPM to 59 I had to consider those strings not from it's low of 15 ish in 2009 but from 19.44 The 15 tried for 14.58 and FAILED.. Just as POG tried for 1944 and FAILED.. OR apple tried for 810 and FAILED SPX is trying for 1944 and to date has FAILED.

You ask. I answer and take the time to respond politely..

See if you can get your buddy VITAS to answer a question rather then continue with his foolishness. And as you try to GET ON IT to help him out. Do a better job please.

Fintas