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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: Doug R who wrote (18)8/6/1999 3:14:00 PM
From: ivan solotaroff  Read Replies (1) of 1065
 
MENT

Doug,

Doubtless you're quizzing me. I can pass this one: MENT is only on Day 11 of incubation. Given the barely admissable entry on the gap, it's a definite NO-
Brainer<<gg>>.
SBUX, on the other hand, dropped another anchor at 1:55:
bigcharts.com
I am, however, going to invent Cat Rule No. Whatever: If a signal comes on a down Friday in the middle of a correction, Wait Until Monday, unless obvious reasons suggest otherwise. I see no such obviousness in SBUX's chart.
I'm beginning to look at the Cathouse not so much as a place to go ca-ching every few weeks, but as an exercise in risk management.
Not as sexy as the odd four-bagger or the continual stream of 28%-ers, but ... as I get older ... and wiser ...

Ivan
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