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Pastimes : EXSO-holics
EXSO 0.00010000.0%Mar 7 3:00 PM EST

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To: Ditchdigger who wrote (1390)6/4/2000 7:51:00 AM
From: ChrisJP  Read Replies (3) of 1568
 
Hi Kenny -- regarding PANA ..... where were you 3 weeks ago when this thing was at .60 ?? :-)) I noticed on the 3 Amigos thread that you guys were looking at CHK and other natural gas plays. Maybe Trader Dan & I should post there, and retire this thread once and for all.

As for the OTCBB -- LOL !! You'll probably be shocked to know I swing traded QCOM this week. I bought it at 66 on Tuesday and it closed with "morning gap" written all over it. I was right, but unfortunately it gapped down ! LOL !! So I made 4 points instead of 10 - 12. It you look at a 30 minute chart, their ain't much difference between QCOM's psychotic trading pattern and a penny stock's.

The JAOSX has a GREAT group of holdings !! Thanks !

With mutual funds, not only do you have to be right on both sides, but you also have to outguess the closing prices, which is what you buy and sell at.

I've been following Zeev's turnips and I will probably post him. He's calling for news highs this year .... and disaster next year.

I have mixed feelings about what will happen next, other than we will get at least 1/4 point rate hike this month.

Will next month's unemployment number show improvement ? What if it reports unemployment back at 4.0% ? And with interest rates and energy costs higher, corporate American should be guiding their profit expectations lower.

Yet consumer confidence and spending remain high.

Not a great formula for NASDAQ 5000, IMO. But maybe Zeev will straighten me out.

Regards,
Chris
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