To: Jerry Olson who wrote (75421 ) 12/15/1999 8:46:00 PM From: red_dog Read Replies (2) | Respond to of 120523
Jerry Do the charts tell you what is going to happen in the future, no not unless we presume that history will repeat itself. I for one believe that history does repeat itself, on many occasions, spring, fall, winter, and so on. But as we have seen, even the weather in the seasons mentioned above change, for reasons that could be argued for a long, long, time. You mentioned that the" indicators are always right" are they ,and do you really believe that? The indicators in my eyes change with the market conditions, be it psychological, forces of nature, or anything else that will either elate, or deflate the current conditions. One thing that I have noticed in the charts for the past 25 to 30 years is that the main index's have gone up, and a great deal I might add. I can only say, with time as my experience, if you like this stock keep buying it. As Peter Lynch once said, if you know the company, and follow the company, you should have no problems. Now I'm only guessing but I wonder what he thinks when he see's a forum like this. One says short, the other says, this one should make a big gap in the morning. Are they retired, and have they done as well as they seem to make us believe. I could go on with story after story but I think I could sum it up, with long term investors will always gain as long as there diversified. If their not they are only gambling in my eyes, of course as most gamblers including myself , would never admit to that. Now let's try a no brainer, and only use the charts for facts! Lets assume that we invest money into CLRS on the last trading day of each month. (I have no idea what you can afford, nor care) so lets use 200 as a monetary figure. These are all approximate prices. They could have been up or down slightly, which will mean nothing in the end. We will also use Waterhouse, even though a lot of people are angry with them at the present time. Also I would like to add that this would probably work with any stocks listed in todays watch list, although I haven't tried it on paper. <gg> 1999 TOTAL MONTH PRICE SHARES COMM. COST MARKET VALUE JAN 3.50 54 12 200 189 FEB 4.00 50 12 412 416 MAR 4.52 44 12 623 669 APR 5.29 38 12 836 984 MAY 5.44 37 12 1049 1213 JUN 5.24 38 12 1260 1368 JULY 10.75 19 12 1476 3010 AUG 9.82 20 12 1684 2946 SEP 11.62 17 12 1894 3683 OCT 18.75 11 12 2112 6150 NOV 46.00 04 12 2308 15272 Now I know this is looking at the past "CHARTS", but wouldn't you say this would be a lot less strenuous way to invest in something that you expect to have such great gains. Maybe we could all take our favorite lady/man out to dinner without worrying about the markets, as some do. I sit and watch this forum on days when I wonder what people like Jeena and the rest will do when the markets are open 24 hours a day. I'm so glad, that I have had to do it the hard, long, tedious way. <VBG> In the beginning this is the only way that I could invest 100 or 200 It was hard to put away for the FUTURE, that is what our goals are, aren't they. In a parting note I would like to thank AOL for letting me invest the way I have mentioned above, and to let me retire a little early. :)) In parting I would just like to say "I HAVE A GREAT RESPECT FOR YOU, AND KEEP UP THE GOOD POST & PICKS OJ" Just in case they don't let me post again, I hope you and yours have a Happy Holiday Season. (now I know he won't attack me) <vbg> Rg