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


To: MythMan who wrote (3007)12/3/2014 9:26:56 PM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Respond to of 3209
 
I never saw it that low.. re spx.. BUT ol 1270 was a for sure. Here and now the same guy who has recently flipped to the 2500 was looking for 1167 and lower. So it's there if one wants to see it. I'm keeping it SAFE... Many may not agree with me but if ya read me long enough my SAFE numbers are usually exceeded in EITHER DIRECTION. I factor in 10%.

Keep in mind before the QE3 announcement in 2012 the spx had just dropped to the 1343. A number I had presented and 1270 under. Where the spx was at 1266 in June 2012.. That wasn't so far fetched.

NOW a 2 years later and given what we've seen re many numbers.. it's a good thing they implemented it.

Here and now I suspect the game is to push it as high as possible to contain the drop and then hope like heck they did enough. Trying to get others involved to help out is a good thought. Ex My cousin runs out of money to buy so I ask my relatives in Italy. The question is what will the consequences be to him and will he do it?

The only problem I have with any of it is we don't live in a bubble and there so much crap going on a bad event could come from any direction. FACT is in many countries where there is no access.. only those close know.

That event today in Dubai or was it Abu Dhabi could be a harbinger of more to come.

I realize TA PURIST who count don't give a hoot about bad news or events.

Until they happen and then they adjust like heck.

So we shall see but here and now just watching protestors marching in NY.

Think I need a rum raisin ice cream run.

Fintas



To: MythMan who wrote (3007)12/5/2014 10:10:09 AM
From: MythMan  Read Replies (1) | Respond to of 3209
 
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