Strategies & Market Trends | Humble1 and Swing Trading Friends


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To: Fintas who wrote (4855)2/22/2011 6:28:43 PM
From: humble1 of 10465
 
WOW!!!!!

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To: bearshark who wrote (4851)2/22/2011 7:56:50 PM
From: Wayners of 10465
 
Ben Bernanke IS the Big Dipper!

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From: Keith Feral2/23/2011 1:31:12 PM
of 10465
 
Just got thrown off the 50% gains thread, so I adopted this thread to post my trading ideas.

Don't have anything in particular to say, except I love the sudden surge in bearishness.

Bond yields - pulling back from 3.71 to 3.44
VIX - 16 to 23
USO - 35.53 to 40.35

The 62 day advance in the DOW without a 2.5% correction has now been corrected. The movement in crude prices is becoming more negatively correlated to the market, so I'm starting to buy the down days in the market when crude futures are exploding to the upside.

Looks like another typical pullback into the end of the month, which ususally sets up a nice rally on the first day of the following month when things get cheap again. Been a fairly consistent pattern that will probably keep on working.

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To: Fintas who wrote (4855)2/23/2011 1:52:08 PM
From: robert b furman of 10465
 
Hi FINTAS,

Not sure if we're in a three or five wave corrective wave here.

That should give us a clue as to how much down we must yet do.

I'm sure your bell curve is swooping to the left however.

Bob

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To: Keith Feral who wrote (4858)2/23/2011 2:13:03 PM
From: JakeStraw of 10465
 
>>Just got thrown off the 50% gains thread

Congratulations! Dale's inflated ego, along with his ever so useful advice (like buy low, sell high ;^) makes his thread nothing more than a joke. Hell, most of the time Dale just uses other people's stock picks and then takes credit for them if they go up.

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To: robert b furman who wrote (4859)2/23/2011 2:54:03 PM
From: Fintas of 10465
 
First I sent you reply from another location long ago. Not sure if you received it.

Second. NO my bell curve is NOT swooping and WHY I posted as I did. In fact the spx sits at 87.8.

NOW think about that as to compared to what I post re individual sectors.

That strongly supports it could drop to the 70's and STILL be in a bull. But to get that to happen the individual sectors have to roll over and at 68.7 down from 69.4 well that's NOT a whole lot of selling. I'm expecting a move to the lower 60 at minimum.

THUS I'll stick with my numbers until I see otherwise.

So any bounce here should be seen just as that: A bounce.

In spite of what you hear re the M/E. MOST here are clueless and that includes the leaders. And THAT is dangerous.

Be well and you know how to reach me off this board if you so choose.

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To: robert b furman who wrote (4859)2/23/2011 2:54:14 PM
From: Fintas of 10465
 
First I sent you reply from another location long ago. Not sure if you received it.

Second. NO my bell curve is NOT swooping and WHY I posted as I did. In fact the spx sits at 87.8.

NOW think about that as to compared to what I post re individual sectors.

That strongly supports it could drop to the 70's and STILL be in a bull. But to get that to happen the individual sectors have to roll over and at 68.7 down from 69.4 well that's NOT a whole lot of selling. I'm expecting a move to the lower 60 at minimum.

THUS I'll stick with my numbers until I see otherwise.

So any bounce here should be seen just as that: A bounce.

In spite of what you hear re the M/E. MOST here are clueless and that includes the leaders. And THAT is dangerous.

Be well and you know how to reach me off this board if you so choose.

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To: JakeStraw who wrote (4860)2/23/2011 3:29:25 PM
From: Keith Feral of 10465
 
Subject 58170

I'll be posting on this thread with Oblivious and anyone that wants to suggest new value ideas they are buying or selling. Takes two sides of a position to make money. I don't care if I chip away at a 50% gain 12 times a year or make it in 1 trade. More times than not, I regret not taking some profits along the way.

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To: Fintas who wrote (4862)2/23/2011 3:34:34 PM
From: ONEGOAL of 10465
 
*Fintas, I noticed the lack of change in the avg.number of the sectors and I was somewhat surprised - but I guess not really, the pros know what they are doing in stealth mode. I will never forget your constant reminders that it is not "if", but "when" - so stay the course and ride the wave in the direction it is travelling in = (the devil is always in the details)

*They need to roll the market and its component sectors down the hill to shake those shares loose from the trees stopping to scoop up the valuable ones and letting those of lesser value fall further down the hill, some all the way to the bottom.

*I have been stalking one that has earnings out on 2/25 and given the nature of how that one is manipulated it could present an opportunity - while waiting for the market to exhale, before it can take another long, deep breath.

*BAC is now green which speaks volumes. they can try and hide their actions, but all they are really doing is trying to dispossess you of your position.

**I hope you are feeling well and your posts, when you are generous and sacrifice your time to share your insights, are treasured like a valuable map. many thanks.

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To: Keith Feral who wrote (4863)2/23/2011 3:39:55 PM
From: snookcity of 10465
 
wrong thread sorry

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