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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (46640)	4/16/2000 1:11:00 PM
From: Haim R. Branisteanu	Respond to of 99985

I bought BA on Friday small amount in my IRA. Haim

To: Jill who wrote (46640)	4/16/2000 1:19:00 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 99985

I will say if anyone half planend ahead (not me sob sob) this is an incredible opportunity isn't it Is that a rhetorical question Jill? Most people will not know if it was an incredible opportunity until after the fact. The average individual investor or trader is literally taking their life in their hands if they are buying now just because things are cheaper, unless they have a long timeline, are buying stable companies, and are not on margin. A simple technique that works well would be to buy if price makes a higher high and higher low than the down day before. At least price has proved to you that it wants to move up and you are not catching a falling knife. Should price later reverse and move below the day you entered, you must sell... Back to the rhetorical question, sure, good opportunities are being hatched now, but perhaps next day or next week things may be even cheaper, making today's opportunity look like a false bargin... ;) Bottom line, for most people, in my opinion, it is better to let the market prove itself by going up than to attempt to buy the low or average down. The lost opportunity can be as little as one mere trading day, and in the grand scheme of things, that's not much to ask for, in return for additional security. Regards Michael

To: Jill who wrote (46640)	4/16/2000 1:22:00 PM
From: Boplicity	Respond to of 99985

Yes, as long as you pick the right companies at reasonable prices. The key is what is reasonable? You have to let the market tell you what is reasonable. I see no hurry or need to be cowboy, there will be plenty of time to pick the rights stocks. I still feel the shovel makers will be good picks. The net is no where close to what it could be, it will be an optical and wireless world. The promise bio is far reaching. I see a bright future for humans, and there ability to innovate. The trick now is to be left standing, that's why I feel it's NOT too important to pick the exact bottom, let it come to you. Greg