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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Oak Tree who wrote (23724)5/29/2000 5:13:00 PM
From: AllansAlias   of 42787
 
Hi Oak Tree,

What I say here is not intended to pick apart your post. It just got me thinking...

A bear market, as you say, is one that has poor fundamentals in addition to a downtrend of the DOW.


Hmmmm.... Nope. It's when these two things don't work more than three times:

1. Buy and hold, aka "I'm A Genius".
2. Buy what moves, aka "I'm A Genius".

On old squiggly lines we try to quantify it, after the fact, but the charts do not show the spirit of the market.

This market has lost its spirit. We all know it, even the bulls know it.

It will be a while yet before this spirit revisits us. I see nothing in these last two weeks to change my strategy: Fade the breakouts, if exuberant enough, look for cheap puts too; cover the dip.

Hey, BWTHDIK. I would trade my ability to banter for 5 strokes off my game :)

--Allan
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