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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: MSB who wrote (59209)	10/17/1999 12:58:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 108807

I believe he was talking about last week where the turnaround was to the downside, fwiw.

To: MSB who wrote (59209)	10/17/1999 6:04:00 PM
From: coug	Respond to of 108807

Hi MSB, Yes I am looking for a possible turn around Tuesday, maybe as early as tomorrow.. To the up side. My two main directional indicator are poised to turn up.. A couple of secondary things actually went positive.. A good market reaction to the CPI on Tuesday could do it.. I will look for strong volume, w/up vs down being greater than 2:1.. And of course my main indicators to turn up. I use technical analysis to tell me when when it is overbot or oversold. And ready for the market reaction to fundamental news to set it off in either direction.. It's my opinion, " all bad news" is temporarily in the market.. Any more negative, unless it is really "blockbuster" will only the send the market sideways.. IMO, we need a leg up before we resume the down trend, if we do at all. So unless a Asteroid hits, my next signal will be UP.. BUT i will wait until I get it.. I am mostly in cash w/no futures or option positions.. And I think there is a lot of money on the sidelines because most people are aware of the October thing and what we are facing, such as valuations, rates Y2K etc..Sort of a contrarian view I guess. As far as individual stock recommendations, I'm hesitant to do it.. because I get so damn disgusted with hype.. Once in a while I post my buys and sells and the stocks I like, most of time not.. Also by PM, I discuss stocks in more detail, likes, buy and sell points, etc. I don't do it because the lurkers get hurt..and there is a lot of just readers that follow the crap.. and they IMO are not as well seasoned as the regular posters.. And I would caution all lurkers to be skeptical of everything they read on any internet chat board including this post. JUST use it for ideas and then do your own dd. I'm sorry but I got on this rag because of the what I seen Friday.. Anyway good luck. This week ought to be interesting. coug