To: HairBall who wrote (41990 ) 3/2/2000 8:29:00 AM From: AllansAlias Read Replies (4) | Respond to of 99985
Good morning everyone, I've been lurking and enjoying for some time. Overall, I think the thread has a great signal to noise ratio :) LG and Michael: Great charts. Appreciate your work on them. As for whether they should come with easy to read instructions, I don't think so. I really would not trust anyone else's interpretation of them anyway. There are many more learned and eloquent than me on the thread, but I will nevertheless add my .02: I will ride the bull for all its worth, but I am now more suspicious of its endurance than at any time in the past. Aside from all the technical reasons that others have discussed, the last straw for me was when the barflys at my local village pub began to open online accounts. There is no question that the rules are changing, but one truth is difficult to dodge forever. In order for the run to continue we need more and more buyers, or, if you prefer, more and more dollars. It matters little in the longer-term whether new economy companies come up with cold fusion in a box or the secret to making love stay -- eventually the buyers will dry up. The divergence of the DOW vs the NASDAQ is stunning and is an indication to me that we have new buyers for the tech's, but this too will run its course. When your local carpenter signs up with TD Waterhouse it's a powerful signal. Thought for the day: If I hear one more person/expert tell me that oil and its instruments are going to keep rising it must be time to sell. The breakout in crude was so classic that it cried to be bought, but I'm thinking that sentiment will tell me when to go the other way. Hope everyone has a great day. --Allan