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


To: robert b furman who wrote (2774)10/16/2014 9:43:44 AM
From: Fintas  Read Replies (1) | Respond to of 3209
 
BOB.. Apparently you read like a few of your friends.

I AM NOT SHORT.

I wasn't short when I provided you some thoughts re the downside of intc.

I wasn't short when I ran the numbers for intc to the 34.

What I am is an OBJECTIVE BULL.. AND YOU KNOW IT!

I do get tired of many making incorrect statements.

WERE YOU SHORT when YOU were hoping for INTC to 18. NO you were looking to BUY.

So back to the orignal statement.

SEMi'S are NOT done rolling left and INTC will revisit the 27 ish and the SOX to 500 is a SAFE number. You do your thing as a bull and I'll do MY thing as a BULL.

Fintas



To: robert b furman who wrote (2774)10/16/2014 9:04:49 PM
From: Davy Crockett  Read Replies (4) | Respond to of 3209
 
Hi robert b furman,

From a risk/reward perspective SOXL looks very interesting.
FWIW I entered a small speculative position today based on the 60 minute chart (not shown here)


Tight stops in place just in case I'm wrong (which is usually the case <ggg>).
Really nice hammer on the weekly chart (assuming that tomorrow (Friday Oct 17th holds)).

I will continue to scale in over the next few days - unless something dramatic happens - then I'll just wait a few more days...