Wayne Angell- Pimp of the month or just another boner call? Message Board

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Strategies & Market Trends : Wayne Angell- Pimp of the month or just another boner call?

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To: Chip McVickar who wrote (20)	4/18/2001 4:18:55 PM
From: AugustWest	Read Replies (1) of 41

Interesting there Chipster, But I'm interested in opinions about Wayne here on this thread, not advice about stocks. But since it's brought up(I suppose by me mentioning IBM) I do believe it is most important to monitor CNBS or Bloomberg. Something basically for the same reason you watch the daily news. The news. I know all the guests most often have an agenda. That is most obvious. Those I usually mute or just mentally block out. Yes, psychology IS the most important thing about making money trading. Since a lot of people do watch CNBS and a good amount of them really do "listen" to the analysts spewing out their mouths what should be coming out the other end, that indeed does effect the phyc. of the market. Tell me, how and when did you hear about the rate cut today? CNBC? Or did you have to go hunt after you saw the spikes in all your charts? If you heard about it on CNBC you had a soild two or three minutes to react before the charts reflected it. It was much more delayed this time as opposed to the last surprise cut in Jan. Any how, I don't want to discuss the market specifically on this thread, I'd rather reserve it for goofing on ole Wayne. So let's leave it at that. Maybe we'll bump into each other on another thread and we can discuss how and when to short or long the market. FWIW, I did rather well today with my short positions. However close to half my trades today were long. Down has been the trend ansd is still working. It might change. It is trying to(but IMO failed to be decisive yet again today). I can tell by the increased number of long trades I made today as opposed to the shorts. Sorry for the babble, I'm in a babbling mood right now. Hope you had a good day as well!

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