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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (16033)	6/10/2014 10:02:20 PM
From: Davy Crockett	1 Recommendation Recommended By roguedolphin Respond to of 33421

Hi Iso, Coming from you, I really, really appreciate your post & congratulations. It really means a lot to me.... that I was able to contribute to the board, and to be recognized by the likes of you. Take care, Davy

To: isopatch who wrote (16033)	6/11/2014 9:21:58 AM
From: Fintas	Read Replies (1) \| Respond to of 33421

Just an adder re POG. USING 1458 1458-162=1296 So when one understands 1296 Then it's 1296+54= 1350 To get there 1296+18=1314/1332 Let's see if that can happen. To the flip side 1296-162=1134 and as that plays out 1296-54=1242.. HMM does that align with an area someone recently suggested a bounce. So here's the bounce.. But.. although the tech indicators I monitor show room to move up on the bounce i.e the near term mono, 10 week and 30 week. The BP PREC has not budged from the 30. Suggesting it's TRADING MONEY and now INVESTORS.. We shall see but if that BP PREC doesn't turn up soon I'll still be expecting a return trip to 22 ish and that supports my 1174 POG as a safe number.. as 1296-54=1242 1242-54=1188 1188-18= 1170. VOILA 18 is 1/3 of that 54 which would take it to 1134 and the 1296-162=1134. SO YES there's NICE TRADE here.. BUT.. As ISO points out.. let's see how it does at or above 1300. I concur. I've NO skin in the game OTHER than that 1174 target. I do set targets UP and down. Fintas