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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (30548)	6/29/1999 12:25:00 AM
From: Magnatizer	Respond to of 79201

Vitas yep, that was a poor call on my part. Thanks... guess we all make mistakes I had to go back to see what brought your tirade over to our most peaceful thread and it appears this was the final post of your last exchange with Doug on the MDA thread. Message 10215994 The reinvestment of dividends phenomenon happens the third month of each quarter. Dividends are mailed on the 10th. Seasonal strength usually results. Just so you know the 3rd month of every quarter (of the first three: Jan... April... July...) since 1950 has been the worst performing in the SP 500. Below are the stats. 1st month: 1.43% gain 2nd month: 0.23% gain 3rd month: 0.17% gain david

To: Vitas who wrote (30548)	6/29/1999 1:40:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79201

"Clearly???? Ok...quote where I was CLEARLY bullish. Also...you'll note that the Dow was within 5% of the target I pointed out BACK IN DECEMBER!!! Like...yeah, right...I'm going to be clearly bullish with the friggin' target I had was less than 5% away. Please try not to be such an idiot. I did say "bears". Yes, that's right...bears. The MDA thread was rife with bears. That's not to say that everybody on the MDA thread was a bear!!! BUT Geez man...What the heck does BEAR mean??? The CONCENSUS reached by the majority of so-called "market direction analysts" throughout the November to April period was that the market would go DOWN (as in, a "BEAR" market). Go back to the MDA thread during that period AND ACTUALLY, REALLY READ IT. It was predominantly bearish! Don't fall back on delusion...LOOK AT IT. Use just a little bit of actual THOUGHT when you do. For cryin' out loud!...there was a major bout of disgust voiced by several prominent "lurkers" at the time. The thread was out of control because of the bear invasion. Go ahead...try to rewrite history to suit your false sense of comfort in the faith you had at the time. It's no concern of mine. Now...go away...you're useless. Doug R

To: Vitas who wrote (30548)	6/29/1999 3:13:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79201

"I was looking for "real" strength over the last 8 days. It had appeared to have happened but it now looks like what we got was not quite enough." Now see? There's where your powers of thought show real weakness. I said I was LOOKING FOR "REAL" strength. Now...take a huge minute and THINK. I wanted to see real strength. I didn't see it. I stated that it "appeared" to have happened. APPEARED and ACTUALLY don't quite have the same meaning. Some thought would have gotten you over that little hurdle I suppose. Swing and a miss Vitas. *********************************************** "I said: "It would appear that your arrogant post was based at least in part on one of your favorite indicators, the 13 day RSI of the S&P 500, which broke above a resistance line from 11/23/98 to 3/18/98. The fact that you bought into this breakout to the extent of publicly embarrassing yourself is truly humorous" I bought JSTN. The S&P does what it does...JSTN is doing what it's doing. I'm at a profit. So what? Now...you want to tell me that I bought into a breakout of the S&P???? No... I bought into a great technical buy signal on JSTN. Swing and another miss there Vitas. ************************************** "If you don't think an internet sell off of 30% in the next 5 days or GE going from 117 to 101 was enough to be chicken, then it would appear your definition is a bit loose. Gee, I guess if you were long the internets or GE at the time that would have been nasty. I wasn't in internets or GE. I suppose you were though, judging from your fixation on them. Called third strike. Again...I CLEARLY posted a target of 11,400 for the Dow in December. Once the Dow was over 11,200...those that could apply thought to what they were doing made the obvious decision. NOW...I'll post AGAIN...ONCE THE MARKET HAS WORKED THROUGH THE RETRENCHMENT OBVIATED BY DECEMBER'S FORECASTED TOP OF 11,400 (if you don't think it got close enough...you're truly an anal nitpicker) ...THE NEXT UPSIDE TARGET IS 14,200. WHEN IT GETS WITHIN 5% (here ....I'll help you think...."within" 5% means anywhere + or - 4.99999% to .0000001%), don't go intermediate term long on any indexes. One last point...here on the 56 thread we do individual stocks. We have several systematic approaches. The most recently initiated approach produced 17 stocks last weekend. 35% of those stocks made gains of 10% or more in the 5 days that the averages got hammered last week. You initiated this exchange by asking me what the market would do on Monday last week. I said up. I also said it would be a headfake. Now you're going to come here and make an ass of yourself by confronting me after I was correct. That shows how delusional you are. Now...the MDA thread has this narrow little effort that tries desparately to make sense of the general market using no specific time frame. It seems to be whatever whim at the time dictates what you're "strategy" (lol!!!) might be. That crap is tiny. It's actually extremely foolish to wring your hands over day to day market gyrations...or even week to week...and for that matter...month to month. In December I saw a target of 11,400 on the Dow over a maximum 7 months. That's the TREND. Individual stocks like that kind of a trend. If what I can do is beyond your brain....here's 35 cents. Go call somebody that cares about what you prattle on with.