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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: POKERSAM who wrote (19416)	12/10/2014 1:36:27 PM
From: Fintas	Respond to of 41492

Any with experience remember those declines and a few others that took the breath away from traders, investors along with some heavy losses. So I find it of interst how many play with the numbers. Kokoro of Humbles site put up a chart of the spx off 442 in the 90's to the present 2079 ish. Those heavy hits are easily seen and the reality is from year 2000 and 1570 spx to 2079 in 2014 is but 34% over a span of 14 years. So while many play with the up from 667.. They miss that detail and for those who got cuaght in both the 2000 and 2008. PAIN was inflicted if one was not short or did not get defensive. EX prech is a parrot. As are many. Those with understanding know when to not get foolish. All one has to do is look at IBM or lately TSLA. As for charts. I like what you are presenting. That two way view helps one to make a better decision. I love counting up. BUT experience long ago taught a hard lesson. They CAN and WILL come down and no one will give ya back your money. So one best understand such. Those that just keep counting up.. Well once again. I counted SEAGATE ALL THE WAY TO 1000. So what if they took it private well under 100. Heck I had SPX at 2430 back in 2007. So what if it failed before 1620 causing it to fall to 667. Those that understood that failure to hit 1620 also understood why APPLE was a sell when it failed at 707 pre split and why POG was a sell when it didn't take out 1944. SPX.. Pick a number.. 2080/2134/2188/2240. It will fail somewhere and may have already done so. We shall see. ALL know my EVENTUAL downside. But as sure as I'm sitting here there's a correction coming of 200 points and before 2430 let along 2500. I could tweak that lower.. But I like safe bets. PIGS get greedy to the up and the down. Have a good one and keep up the good WORK. Fintas