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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (78423)1/18/2016 3:29:18 PM
From: Fintas  Respond to of 218314
 
Well to get those SPX 2009 lows of 667 ish it has to go under SPX 1820 that someone said would never happen again.

Then there's that " run away gap up" at 1648 that another stated would not be filled. Wonder what he will say when it is?

Then there's my 1458 that I have said would be hit that said was a SAFE Number. The thugs can paly there games to hold it up but that game is done as many are soon to learn. The sad part is the friggen USA debt is in the 19 trillion area.. debt ceiling continues to be raised...fed balance sheet is approaching 5 TRILLION and the USA still has that debt downgrade. Not to mention a small detail such as I.S.I.S etc.. What were my fellow bulls thinking with the continued UP UP UP.

Then once 1458 is hit then there's 1343 and oh my 1270 where it was back in 2012.

1070 in 2010.

So year 2009 and the lows of 667 ish? That would cause many to get religion.

This I'll say that most are not aware.

At the sell off in 2008 the bell curve avg dropped to the 3's as MS SPX came down to the 1100. IT was after the bounce to the avg of 19 ish and then back to the 9 ish the SPX dropped down to the 667. I say that for those who love to buy the dips should be careful re equities.


At that time GE had dropped to 19.. rallied to 29 to then come down to 5.87.


JPM had drooped to the 29 to the 44 and down to the 16 area.


IF one is going to buy.. one should look at areas of the past for many of these equities.

Ex I AM looking for 19 for LVS. It may NEVER get there due to mergers. But I'll be looking at such.

WYNN and 38.

BAC and 11.34

JPM and 38-44

I could go on but I will not.

I appreciate your putting up objective information that those who do have an open mind can exploit.

Have a fun day.

Fintas