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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Eddie Kim who wrote (2256)9/22/1998 2:38:00 PM
From: Raptor  Read Replies (1) of 4509
 
Eddie An extract from the post you hotlink'd:

<<My SHORT-TERM TECHNICALS on the DOW are at 54, so its smack in the middle, with a bias to the upside. From 54, the upside potential is 2-3 days/200-400 points before the DOW would get to CLASS SELL status. If we were to reverse tomorrow, the downside potential is 3-4 days/300-500 points before becoming a CLASS BUY.>>

Seems to me you still have to make the choice whether it will go up or down to make money. Notice how he says if one way and then if the other way. I say this because it sounds like he expects to make money based on his short term predictions of DOW up or DOW down
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