Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (62872)	4/27/2005 4:09:07 PM
From: shades	Read Replies (1) of 74559

Listening at phil again, claimed he bought BUD at 45.50 AGAIN - are you NUTS! Said he bought IBM at the low - but looking at his INstant Analyst chart IBM still red - NO FUEL - doesn't he say you got to buy when it is green and the fuel is in it? He is confusing me now. I mean he says he draws support from where it was 2 years ago - hell, if you are going to say that - why not 10 years or 20 years ago when it was 20 or 40 bucks? How is that science? He did say they would rally the bkx.x and KBH does look from his FUEL gauge that it is time for a big short starting now lasting several months no? Looking at BJS in instant analyst - it looks GREEN to me with lots of FUEL - that one is ready to take off according to that software no? As for the credit cards, yah I have some friends that bought 30K bowling balls and 40K bluejeans - clothes and food could only be bought on thier 8 citi credit cards. Medicine for their parents too - with the new laws, it will be interesting to see them fund thier food, blue jeans, and prozac and cholesterol medicine. I was very tempted to jump into VLCCF after it dropped and started turning up on the 1 minute chart - that would have put me in at 41.69 - but I just feel the whole market is going down and want to wait for even better deals - but MOO said we are going up from here - this is the bottom.

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