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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lee Lichterman III who wrote (39557)4/16/1999 7:43:00 AM
From: Monty Lenard  Read Replies (2) of 94695
 
"I actually went long today"

Me too! God, I feel like a dipster. I guess it will crash today just because we did that. <g>

I saw a huge number hit the 50% retracement level and start pulling back up and I just started buying like I knew what I was doing. I caught MSFT at 85 about 3 seconds before a huge buy program kicked in and it was quite a ride ...the same thing on T.

Purely a guess but as long as my summations say buy I think we are going on up. May sell the whole works today though.

I went back in my OS stocks Tuesday and of course they murdered them Wednesday and yesterday of course a heck of a run.

We gotta be getting close to the end. Geez, look at CAT, BA, CUM, etc. Charts are 90 degrees straight up. Can't continue that way.

Good luck
Monty
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