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Strategies & Market Trends : Waiting for the big Kahuna
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To: bobby beara who wrote (22696)7/29/1998 11:58:00 PM
From: robert b furman  Read Replies (1) of 94695
 
Bobby if you own AOL or Internut stocks I'd be shaking.Don't get me wrong there are some real juicey short candidates out there.

I just think that as some stocks enjoy a blow-off top (internuts are last year Iomega's and pressteks) They are always out there!

So too there remain depressed values that have been painted by the too wide media brush.

During times of corrections - these dogs have a way of quietly rising well before wallstreet declares them over their down cycle.

Looking for these breakouts that maintain RSI and come off p.e.bottoms is what can hook you up with tomorrrows tigers.

All this talk about B.K. and crashes evokes emotions' but doesn't focus our efforts in determining what tomorrow's new strong dog is.

In the greatest of bear markets there are stock that resist the general market trend and those are the next leaders.

I don't see rates going up - mortgage rates hit a new low this Week!

People are employed and have money they are maturing and are investing.

Go where the money is going ! I just want to be in tomorrow's winners before others are.

This crash stuff does not focus our efforts to notice and capitalize on manipulating the strong dogs of 1999 and 2000.

JMHO

and BWDIK

Bob

Thanks for your well made points - I am simply trying to steal tomorrow's winners as I think the ultimate shorts should have been already been established.

It is important to note that I do not have the nimbleness or time to day trade.My natural best positions are long term and done best when very obvious (like buying now at bottoms of hard hit stocks and there are plenty out there.
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