Stock Attack II - A Complete Analysis Message Board

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

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To: HairBall who wrote (30263)	2/18/2002 5:07:43 PM
From: StockOperator	Read Replies (1) of 52237

LG, It's nice to be able to selectively pick and choose any post from the past to make your point. What you've accomplished by doing so I'm not really quite sure. But if you really want to leave yourself open to the scrutiny of anyone going back in your past and analyzing every good or bad call you ever made on SI you must be pretty confident you never made a bad call. I mean if we wanted to we could go all the way back to our MDD days, back in the hey day of the market advance when being a bull (of which I was a member) meant you were in very short company. I'm sure you remember those days well. You also neglected to point out my posts from the stock attack thread back at the very highs in the market in early 2000. Posts that were warning of the coming collapse in equity prices based on my views of the overall price structure on the charts. Back then BRCM was 243, CSCO in the 70's, BRCD in the 200's. Think back to those times how many professionals were calling for such a downturn. Hey I'm just a guy like you posting my opinions on SI for all the world to see. Opinions that I have freely shared over the years by going out on a limb by being as specific as possible. Has my analysis always been right. Of course not, you already pointed that out. But you know as well as anyone that has read my posts over the years that I have not been afraid to take a stand a print my views on the market. Whether we were talking about overall market direction or the movement of individual stock prices I have always printed exactly what I've seen. Of course that means I'm going to leave myself open for a post like yours where you can very easily go back and pick and choose the posts to make your point. There gonna be easy to find because I have always put myself on the line. Now I ask you if I started digging back in your history would I find the same thing. It's unfortunate we had to even go in this direction. In my recent post to JRI I admitted to being caught flat footed during the time frames that you mentioned. But what has unfolded over the past six months. A new bull market. Those quarterly advances that were indeed impressive were nothing more than prices advancing in an overall down trend. We have not had a breakout in the overall avgs. So when you say I will be late to the party I don't know what you mean. That downtrend is and has always been intact from those 4/2000 highs. If the market advances here based off "whatever" and starts to break through that resistance I wouldn't hesitate to say so and of course change my trading accordingly. But as of yet that has not happened. Let me finish off by saying that I have no hard feelings toward you. Over the years I have come to respect you and what you tried to keep together at MDD. It sounds like though you have something to say about the overall direction of the market. You see something out there that makes my opinions seem invalid. Well say so. Bring them to light. I would be happy to point out all the technicals reasons why I think you're wrong. All in good faith. Regards, SO

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