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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (53231)8/14/1999 5:43:00 PM
From: len bt  Respond to of 90042
 
Tim,
i agree RE- TA & charts cannot determine takeover plays.

but if your in a takeover play to the hilt.
if it becomes a turtle ones can still trade a
percentage of their hold that is comfortable.
as it cycles up & down as KNT just did.
and by the way might have traded altogether differently
if the market went differently.
the stochastics still show fair profit & buy points.
this was the point i was trying to make.

BUT- it could sell at any time & it might not come back down
to the level of a good entry.
but i guess that is the way it is with all stocks.
geeezz, im starting to feel im at the carnival,
round & round she goes where she stops nobody knows.

i guess that's why there are so few "good"
"educated guessers" in the market.

and the buck or "blame" stops here,
with "us individually".

have a great weekend,
len