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Strategies & Market Trends : Group Therapy

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To: E. Graphs who wrote (3500)	5/30/2001 10:51:30 PM
From: Duane L. Olson	Read Replies (7) of 4564

E! Thanks, Glad to have some of "the usual suspects" back active on the thread -- even if we aren't looking at much excitement for a while. I still don't understand gold, but only a fool would avoid acknowledging that bullish breakout/up since $252.50. Common sense alone says we shouldn't ignore the tremendous liquidity that Al G. is pumping into the system -- and question where some of it is going to end up. I may not be ready to join the "AU club", but you sure have hit on a few calls the last while. Not to mention the fact that you were the first to note the channeling on the Dow and the bounce off the upper boundary. A person could make a small fortune just playing a couple like that .... I alreay have a small fortune -- mainly due to the fact that I started with a large one <gg> -- lucky for me I've had a few winners, thanks to my friends. And really, this has been a pretty decent year so far, despite today's retrenchment. Do you supppose we go most of the way back for a retest (mostly techs)? I'm satisfied with the progress the market has made to date, and am willing to wait until approx the Sept time frame to jump in on the next recovery wave....(he said hopefully) <g>.... You know, I still have some LTXX -- and that has had a rather nice run from 9 to current 23, all this year ; it recovered as high as 30, so that was the tech stock to play in 2001. I'd still give it some room to run after the retest.... Gee this is a nice summer up here in Minn.... I forget how fantastic the fairways and greens are in comparison with the southern winter courses. Heaven must have a lot of similarities...<G>...... tso

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