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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (4168)	1/23/2005 5:24:27 PM
From: MJ	Read Replies (1) of 8752

Reid One of the services I subscribe to has been bearish for better part of a year and selling short mostly the stocks that have significant recovery since the bubble crash. This one remains bearish and has not called a turn still skeptical of this being a bull market. A second one I subscribe to is bullish for the long term more than a year but bullish on stocks that have been doing research work that goes unseen until the products or services appear----innovation. (These are the more difficult ones to spot.) And, some of the old friends we had as money makers will not be a part of that----unless they are the innovators. Regarding indices------what would be your interpretation if you look at the long term picture going back to bubble-crash and even before-----how do your indicators line up. I know you focus on the short term for trading; however, I think that longer term charts may be of value in assessing the general market direction for 2005. When I find the short term confusing----then I back off and look at the long term------then I can come back refreshed. This is kind of like-------taking an evening off for jazz and then coming back to the market with a renewed perspective on my part. mj

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