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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (94253)	4/5/2014 8:58:44 AM
From: Fintas	Read Replies (1) \| Respond to of 94695

Financials and banks both took hits on the near term momentums to indicate the beginning of a tail down. Now to see how deep. NOTE..tail downs from high areas re bp of a sector are just the beginning of down...up..down lower.. up and lower as that bp works it's way left. LOOK at what they are doing with INTERNET.. The key to understanding a bell curve or a sector is to try to see it before it happens and one does not find themselves owning a stock or sector much lower and for a longer period of time. UNLESS one doesn't care. Ex apple from 100 to 60 back to 100 on to 200 back towards 100 to the 300 to the 200 to the 400 until it's final peak. . Banks and financials have had some great gains over time.. A decent rest would not be a surprise. I'm expecting JPM back in the mid 40's Worst case 39 Best case low 50's Why buy it at 60 for 66 or 80 or 10%-30% when one can buy it for 50 or 45 for a greater % IF one is patient for the downside. Those trading this spx long best be careful. That 1896 was goosed and my counts now begin from 1890 versus 1836. No biggee if one understands the 972/1458/1944 and the sequences to and from Fintas