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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....
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To: TATRADER who wrote (8220)4/19/1999 10:54:00 PM
From: JACK R. SMITH JR.  Read Replies (1) of 59879
 
Mark,

I speak as a friend of the court here, and I must say that all must understand that they have your talents here courtesy of some sacrifice on your part. I think that it is a bit excessive for you to answer all posts and that all could learn by just the dialogue that you present. Perhaps all could understand that you can help most by responding to chosen posts that present a teaching opportunity and perhaps you could have "chosen lieutenants" whom you trust to respond to more basic queries.

As always, I have a few thoughts to share of a broader nature. The S&P 500 is near my support level and I am anticipating a rebound within three trading days. Interesting flight to quality today in the market. Oil and gold did well as did many basic quality issues on a broad basis involved with basic production. From tractors to refiners of oil to steel fabricators. The message is clear to me. The high flyers of many multiples generally took it in the shorts while the suffering trudges of this market did well--a generalization for sure, but I take license when I need it!

I do not see this as the ultimate turning point and I look for a resumption of the usual mania within three trading days!

Just speculation, folks and do not get your accounts bent based upon my ramblings, Jack!!
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