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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: bdog who wrote (32452)11/1/1999 1:46:00 AM
From: Doug R  Read Replies (2) | Respond to of 79193
 
Bdog,

I'm kinda in table pounding mode on the market here so bear with me.
Just as the implementation of NAFTA and GATT was a huge wake-up call to at least hedge against the possibility of "employment flight" to Mexico and the East by at least starting some kind of strategy of going long in stocks, the inclusion of INTC and MSFT into the DJIA is a wake-up call to accelerate that strategy.
If avg vol on the NYSE notches up 10% from the Oct '98 to Sept '99 avg. levels going into the period starting Oct '99 to Feb 2000...you'll see the real move and by the end of Feb it'll be short-term profit taking time (short term meaning actual short term...3 to 6 months...NOT the 3 to 6 day definition of short term that would allow one to claim a casual mistake). All the talk about overvaluation and "mania" stemming from the high of 11,438 comes from a dire lack of proper perspective. We ain't seen nuthin yet.

Of course...if I were to go into MDA thread mode (ack) I'd also say..."But there's also the possibility that the market could go sideways or down too."
.....NOT

Doug R



To: bdog who wrote (32452)11/3/1999 9:27:00 AM
From: Woody  Read Replies (1) | Respond to of 79193
 
Hope you had a great bday bdog, here's a bone for ya ..
Check out IINT .. I think you'll like it.

Woody



To: bdog who wrote (32452)11/3/1999 1:15:00 PM
From: Doug R  Read Replies (4) | Respond to of 79193
 
BDOG!!!!!!!!

Hey!!! Wipe that birthday hangover from your brain! CSRE from the Friday close Comkey scan just broke out on heavy volume. It reached Seattle Kill proportions as of yesterday's close and is now gonna rock and roll.

Wake up! You're an old guy now. Get over it! ;-),/b>

Doug R