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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (14932)	10/19/2017 11:06:49 AM
From: Fintas	Respond to of 15903

BULL R.. nice post. This will be long. First I doubt Don's knees buckled. The guy comes from days of old. NOT exactly but similar to John L Sullivan etc and they battled for 80 rounds. Thus the Chiefs endurance is such he can take many a blow, weather the on slaught to keep on keeping. Those hits of past show that if ya can stand long enough and stay in the game.. the opponent will tire and as he says that downside will be like a pimple on the elephants butt. Yet you are correct, the little known secret by some is that DON can and will protect downside and IF you are on his first to know the list you will get wind of such. He hinted of such yesterday re the DOW needing a rest after it hit an upside. So I would say he was positioned. Additionally he's already given hints re possible downside to DOW and SPX in the past. So what you present looks good. Re Zman? I've said often he is the KING of turns. As for that 97.2 VB. As I have said in the past I will use many a value box based on the derivative of 486 and 540 to see what is likely. I used to use the 162/108( well I still do). But when I consider just how much higher can the SPX go using that 97.2 or for the DOW the 972. It helps me to tighten up. Sort of like climbing a ladder and realizing it's only a 12 foot ladder so how far can I reach.. The larger box of 486 would allow for a 2916 as I tie the strings. 486/972...hmmm there it is.. 1458.. hmmm there's another familiar number.. 1944 .. 2430.. 2916.. Back in 2013 June.. I alluded to the 2900 i a post to Don stating wake me when we get to 2900.. NOT IF BUT when..Demonstrating I'm no timer. I just put up targets. I leave the timing for Zman, Humble.. Da Chief.. you and many others. It will be interesting to see what happens as we move forward. Will enough have been done to hold the SPX above a few critical support areas. IF so.. Kudos. IF not.. I prefer to not be caught asleep listening to all those who missed the down and then rationalizing the chit out of it. As a holder of equities I'm more focussed on them versus the dow going up. As Don recently posted the many a DOW component can go up while leaving other DOW components behind. Since I have a handful of positions in DOW stocks. I need to keep it objective.. SELL.. DEFEND but do not ignore. BE well.. I enjoy reading your work.. Fintas