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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29661)11/11/1999 6:38:00 AM
From: Riskmgmt  Read Replies (2) of 50167
 
Ike:

Thank you for your kind words.

Regarding P & F. All indicators are positive, in "X's" meaning that, DEMAND is outstripping SUPPLY "0's". These are the two things that we focus on. All short term indicators, AS WELL AS, the big daddy, long term indicator, the NYSEBP are all positive. In addition, many SECTORS are now turning positive. In P & F we look for strong stocks in strong sectors, when we long.

There are many buys right now. Tom Dorsey notes bullish triangles on 3 this a.m. on his site. Qwest is the one I remember. But some double top "buys" are SUNW, CSCO, INTC, CPTH, EMC,EXTR,GMST.

As you know Ike, P & F does not address fundamentals so homework is required there. Also, for anyone who is reading this and who is unfamiliar with P & F, it is often wise to wait for a pullback on strong stocks for optimum entry. Or as Judy would say "proper entry"-God I miss her- and now Jerry disappeared what is going on? Probably retired to some Caribbean Island with all stock profits. <GGG>

Don't you ever disappear on us Ike. We know where you live.<GGGG>

Hope this has been of some use,

Ray
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