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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 (94301)4/30/2014 9:16:10 PM
From: Fintas1 Recommendation

Recommended By
u397

  Read Replies (1) | Respond to of 94695
 
Take a look at the BKX. What are you seeing if you project in either direction. Keeping in mind on the bell curve wall street, savings, banks, financials are ALL moving down from their highs.

And given the look of that BKX. and understanding that bell curve usually rolls further left than most understand. The ONLY thing I see them doing is leading DOWN.

I tried to put up a chart of that bell curve to see the dramatic view of the column the 50-54 area and what sectors were within. Not the ones one gets warm and fuzzes as they understand the challenges the sectors are facing.

Does that mean the SPX can not make another push UP. NOPE. It means those who want to chase IBM at 195 go for it..

Or pay 200 for WYNN.. YUP go for it.

ME.. I understand the time to buy WYNN was at 15 ish.. NOT 200.

Fintas