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


To: Fintas who wrote (2741)10/8/2014 3:40:38 PM
From: Fintas  Respond to of 3209
 
OK guys.. a little helper as many are getting very excited re this rally for the spx.

And even the DOW. I didn't put up NYSE.. But had I done so you would notice that botht eh BP SPX and BP NYSE MO OR MOMENTUM were very low and needed to rally.

So VOILA.

However don't allow yourself to fall into a trap.

Yes it's rallying but the fall will not prevent the BP SPX as seen in the chart I'm responding is on the verge of 58.. And yes they may push it up to put some water in the glass.. ONLY to help to empty it more.

So maybe the 11 runs to 40.. And after today it will have bumped into the 20's..

Enjoy it..

Just don't mortage your home.

Fintas