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Strategies & Market Trends : Winter in the Great White North

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To: marcos who wrote (671)5/15/2001 1:30:33 AM
From: LeonardSlye  Read Replies (1) of 8273
 
Yeah, I could do a rhapsody on rain and rainwater. I’ve always loved having a rainbarrel filled with softly dark rainwater and crystal clear reflections. Ya know we must have almost as many names for varying conditions of rain as the Inuit have for snow; starting with, “It’s just spittin' out”.


But, yeah, I know what it’s like working in it all day every day for long periods when you feel like your jeans and stanfields have been spot welded to your knees. Also, a “driving rain” doesn’t mean it’s a good day for a drive. I saw a truck this morning that had done a hydroplane into a jack knife and then a 180 into the rhubarb. It almost looked serene sitting there in that field obscured and beaten by the driving rain.


Actually this DML thing is a way to sideline a few bucks into something that I think could be worth building a position in if things come together in the next few months. Averaging up would be a pleasant change. The thing is also, I set myself the rule that I’d only buy an uptrending stock. I came to the realization that I was learning more and more about companies that were becoming worth less and less. Until, with a lot of hard work and perseverance, I could know just about everything there is about something that is pretty much worthless. Icron was a great teacher for me...I’ve still got the hair shirt.


The earliest EOD data I can get for DML through StockWatch is 1997. It shows the high at $2.90 in May ‘98. It’s been downtrending in patterns of relatively sharp increases and leisurely declines since then until December of 2000. It seems that it may have broken that trend since then, but, it’s too early to really say, of course. If it starts to break through some resistance levels, I’ll really pay attention. The indicators that I follow look pretty decent for it, but, of course there's no action there on the volume.


Yeah, the old “Terminal” eh? The name says it all. You wouldn't have wanted to win the meat draw.

Thanks for the link to the artwork, Marcos. You know, I don’t know much about art but I do know what I like. You can almost feel the cellulite in this. I would suggest that the painstaking attention given to detail, particularly in the central portion of the rendering, brings immediate focus and brings us directly into the world of the artist’s intentions. I wonder if the federal government would be interested in purchasing it?


Happy Trails
Lenny
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