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To: Jim Willie CB who wrote (65273)1/30/2000 11:49:00 AM
From: Ron McKinnon  Respond to of 152472
 
Jim
I assume your $40 comment was meant tongue in cheek

you range listings at the bottom of your post seem right on to me

my post was looking at the bear case scenario, not the "most likely"

but, I've been around the market long enough to have seen more than one time that seemingly insane lower levels were hit and exceeded on the downside
just like the have done on the upside

that is where the old saw: "Fear and Greed" comes into play

my #4 account is like an old hungry vulture sitting on a telephone pole next to the highway
it stays in cash for days, weeks, and months on end
then once or twice every year or two it is rewarded with a meal when a semi and a juicy tender lamb meet in the middle of the yellow line
once invested that account just hangs out and digests the meal till the next blowoff top is reached
then it's cash and wait time again

#4 is dull and boring, but gives a nice offset to watching every damn tick for what is now 12 hours a day



To: Jim Willie CB who wrote (65273)1/30/2000 12:03:00 PM
From: Gut Trader  Read Replies (1) | Respond to of 152472
 
Tech stocks head towards the 200 dma when management gives negative guidance.



To: Jim Willie CB who wrote (65273)1/30/2000 5:01:00 PM
From: Mark Fleming  Respond to of 152472
 
we got 20-pt wide range levels now to deal with:
100 to 120 --- bottom scraping
120 to 140 --- relief rally range (not sabotaged by institutions)
140 to 160 --- later this winter, or early spring (needs mucho news)
180 to 200 --- when HDR is within touch,taste,smell,view


How does a contract with Nokia for ASICS, or a contract with China affect your ranges?