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To: Wayne Rumball who wrote (137)3/30/2000 5:45:00 PM
From: ChrisJP  Respond to of 268
 
Hi Wayne, thanks.

I like your CDNO barometer. So true. In fact, .01 might be a little high. <g> The AOXY indicator might be a good one too. When it hits .06x.08, we can start to think about taking positions again. Yes, I suppose those 20 baggers that are down 80% from their highs still have 10% - 15% to go.

I guess this truly is a 4 - 6 week correction that seems to happen every 6 to 9 months. And we are only in week 3.

Chris



To: Wayne Rumball who wrote (137)3/30/2000 7:20:00 PM
From: JamesB  Read Replies (1) | Respond to of 268
 
I have a grand total of 4 stocks now that I still have every day at the closing bell. Not really by choice. I have gone back to doing things the way I did in December and January. That is, selling virtually everything I buy in the same day. If it goes up, I sell. If it goes down, I sell. The gains are small, but the losses are smaller. That means (in theory at least) that I gain a bit every day. All it takes is more winning than losing. Simple huh? Those days I can never buy a winner and fill every loser still tend to piz me off though.

Just trying to make enough to pay expenses and not have to dip into the big gains from the past few months. If I can do that until pigs fly (or at least run fast) again, I will be very happy.