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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: stan s. who wrote (92207)4/3/2000 6:23:00 PM
From: KevinMark  Read Replies (4) of 108040
 
Stan? What did you just tell yourself? Buy on the dips and sell on the bounce. People are absolutely crazy for going long or short on ANYTHING for more than a week! Yes...everyone heard me correctly. There's ton's of $$$$'s to be made on these bounces, though not if your a long term investor. The market will continue to go up and down for the next 6 months. But, today? Today was an absolute joke! Why in the hell would anyone liquidate today? We all knew the decision today! Please, someone out there tell me you didn't expect this news? So when I saw the market selling off like crazy and INCA squashing every opportunity for a bounce before the close...I started laughing. I bought a ton of everything. Hell the Nasdaq RSI is 36!!!!!!!!! 36!!!!!! It WILL bounce back. If not tomorrow..sometime this week. I will be selling on that bounce. It's all charting Stan. You know that. Nothing goes straight up...or down. It's all relative.

KM
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