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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: red_dog who wrote (75539)12/16/1999 9:02:00 AM
From: Jerry Olson  Read Replies (1) of 120523
 
Morning Robt...

thanks for the very insightful and cogent post...

while i agree with most of what you say...my thinking is everyone has their own tolerance for investing-trading...

so to each his own...core holdings only change when the fundamentals change...not the TA..

as for the P&F charts???...yes i believe they "DO" predict coming events in stocks and markets...

while i don't worry about whats ahead, i do take heed if our indicators turn up or down...these signals have been right on for years...we don't predict, i just "follow" these indicators...

right now, 4 indicators are moving lower in columes of O's..and the main COACH the NYSEBP is very close to reversing as well...

this looks like a NORMAL pullback, from this outstanding run in the markets...a breather if you will....

i'll just play "caboose" and tag along<g>...

thanks again for your kind words..

Jerry
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