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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (41640)7/13/1999 9:29:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 94695
 
Bill, good news for you: a quick scan of recent investment newsletters reveals absolutely no-one is worried that we might have a big decline. on the contrary, Dow 12,000 is generally the minimum near term target mentioned.

regards,

hb



To: William H Huebl who wrote (41640)7/13/1999 4:43:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 94695
 
Bill, INTC up in after-hours on earnings miss...i promise to never think a bearish thought again.<g>

regards,

hb



To: William H Huebl who wrote (41640)7/14/1999 5:12:00 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Bill,
I have the broken wood gambler's chip, which will hold together until it hits the floor. That way I get an S&P/DOW direction which can be different from the techs. I stay with the direction until it breaks my filter level(stop loss). Then I flip again. For an interim term trader this works as good as any FA, TA, or neural network (computer or human). You will be in the right direction most of the time! If I was smart I would follow it all the time. Instead, I try to pick tops, bottoms and breakouts to play inexpensive options. Its more challenging and less rewarding! Yet, I don't change direction nearly as often as most of the TA players do. (Stock Market 101)
Skeet