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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (22202)	9/18/1999 12:56:00 PM
From: Electric	Read Replies (1) \| Respond to of 42787

dennis, It is good to talk to you. I miss talking on here, I suppose it is due to the lack of trading $$$..lol I know that you have followed these guys alot more than I, so I cannot say point for point who has it the mark and who hasnt, but I do read the threads and it seems that they know about as much as we do. And I wouldnt undercut your understanding of the markets, you do quite well, I have been impressed with your personal calls over the last while.. I would have to be the contrarian though to the dramatic pullback scenario. I cant see it, and I cant remember the last 30% drop either. I feel very strongly that any large drops will be minimized by fundies and institutions, knowing the ramifications a large drop would bring on sentiment of their clients. Just like GS buying those Sept futures, dragging up the cash right when it seemed (and I thought) we were headed much lower. The same thing will happen if the market drops too far. I think you are wise to play the sidelines versus playing the downside with puts/shorts. I think you will be glad you did. Still looking for that catalyst though... See ya..

To: dennis michael patterson who wrote (22202)	9/18/1999 2:27:00 PM
From: Margaret Mateer	Read Replies (1) \| Respond to of 42787

My experience with Chuck's work is that we (the readers) must be pro-active with the monthly possibilities of his map - each move down or up into a cycle date needs to be assessed in light of its strength or weakness as it meets, surpasses or misses the c-band supports and resistances. I know it sounds a little complicated, but nothing about market prognostication is simple. Just my opinion, but Chuck's work has been nothing short of incredible if you pay very close attention to the nuances of what he is saying.