Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Justinfo who wrote (19462)	12/13/2014 11:49:23 AM
From: Fintas	2 Recommendations Recommended By Justinfo toccodolce Respond to of 41392

Shorting all time highs scary? As an individual who holds longs over years the one thing I have learned is that the ALL time HIGHS end. Whether it be a DEC/WCOM/LU/GLW/JDSU/VRTS/GM/BSC/MER and many more. When that top ends one best have sold or protected themselves for the downside can take one's breath away. Many of those stocks that made those ALL time highs are GONE. So how does that play into the SPX. First one has to realize many stocks are at all time highs. Many deserve to be so and many do not deserve to be so. One can not forget the spx 500 is made up of equities One only has to look at the spx drop from year 2000 spx 1570 and the 44% decline to the 2007 top and spx 1570 ish and the 54% drop. So here we are at a near 2079 and the deepist drop has been 9.9%. I'd say any who get lulled into buying hoping for a 2080/2134/2188 best buy protection. I'm on record re the SPX downside. Pokersams recent bearish charts consider my numbers and my numbers are conservative. The only question I have and the good timers do better. Is HOW. 972.1458/1944..... 2430 and NOT yet. IN fact not for a while Thus whether from 2080/2134/2188.. 1944 Very easy to see. 1890.. And again easy to see. 1836 would just be a retrace of the recent 1820 1782 and there's a gap to be filled on the way to 1728. 1672 and there's a gap up just begging to be filled at 1650 and under that is 1620. ( it was there in fall of 2013). All these numbers are not hard to see.. NOR is the 1566 which is where the SPX was last May is 2013.. And what was the CAUSE of the upside.. QE3 that began at 1343 2012 and elections. ALL those numbers can be seen in POKERSAMS BEARISH scenario which my fundamental work supports. So fear not shorting that all time high at these levels. Fear trying to buy the dip and getting caught as many did in 2007. More importantly we bounced off that 2007 with a RUNAWAY GAP UP. To make our way back beyond the 1570 of not just 2007 but 2000. (34% off 2000 year) My concern is this time we remain range bound for years 1400-1800 due to the BIG D. Fintas