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To: Nemer who wrote (23350)5/19/2000 7:16:00 AM
From: Ron McKinnon  Read Replies (3) | Respond to of 53068
 
>>>>>LosingHisA$$onTheSpooTodayNemer

sorry pal, that must have been a WIDE loss
GGGGGGGGGGg

ok, so here I go on my soapbox again
I read post after post
people looking, trying, buying stocks for long gains
everyone wants a trade
no one talks about going short
the world hates cash

I sit here looking at tons of charts
and can't find a long I want
maybe for a fast small flip, but not to hold
shorts work, longs don't

if the "leaders" are down why does everyone think the rest are going to fly?

sure INTC is up, on strong demand and pricing, and the split
but even it is right at resistance
the others?
MSFT
GE
CSCO
QCOM
EMC
SUNW
look at the charts
do they scream "buy me, buy me?

the DOW is hanging
the NASD: might test 3500? or even 3350-3400?

man I wish we were in the peak fishing season
the buck shad have got to Rocks Village; the hens must be close behind
the herring are showing up in the river, so the big stripers must be close to chew on them
cod and haddock are feeding but the seas ain't nice
macks are showing so the grandkids will have a ball soon
Charlie is still of NC so it's still 5-6 weeks before they show on Stellwagon
a month from now sitting on cash and being at sea would be wonderful
but sitting here looking for a long is a bore

good thing that shorts are still giving a days paycheck

there is no law that says "one must trade everyday and that longs will work'

"BrokenRecordCashFisheyman"