To: Berney who wrote (7078 ) 10/18/1999 6:10:00 PM From: MonsieurGonzo Respond to
TB:" support "the strength of this rally into the CPI is fascinating... earnings churnings going on, not everyone is obsessing over BONDS.is an accelerating pattern of equity fund withdrawals, I assume that the MM will be motivated to sell some "winners" for cash liquidity - most of which remain on the NDX-100 side of the BigBoy coin... perhaps that's why we see some apparent divergence in the NDX and OEX -?care all that much, either {grin} Downside, dip-buying investing is brutally simple. I do F/A on both sides of the BigBoy coin, NDX-100 and OEX-100. I wait for SnP tide to lower all the boats. I accumulate stocks (or, sell PUTs). I wait for SnP tide to lower all the boats, even more. I accumulate even more stocks. When there's an apparent, "JT exhaustion selloff", and subsequent, apparent growth - I'll leverage the bellwethers with LEAPS.today ; buy more (pyramid) every -5% drop, perhaps, from here... looking at SPY 105 +/-1 = -25% from 16-JULY TOP as a possible downside extent , prepared (with reserves) for SPY 90~95 = -35% as a worst-case scenario. If the strategic reserve for SPY < 100 turns out to not be necessary, we'd tell them to either keep it in BONDS or, use it to leverage SPY+QQQ with LEAPS. We could enter all the orders today, and go to Paris - in fact (^_^) why am I here ? Hammer on OEX-100 today; they bought the dip .
