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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (37673)6/3/2000 9:53:00 PM
From: robnhood  Read Replies (1) | Respond to of 42523
 
ANOTHER bear bites the dust---

<<Where Are We Now?

(Friday 06/02/2000 AM): I thought I would be able to sleep-in this morning, but much to my surprise, the labor statistics were
much better than expected and the market surged substantially higher. The resistance levels I discussed last night were
shattered. Just as I said, the buy-stops and the call option sellers covering their risk with futures, combined with an optimistic
atmosphere following the jobs report, all contributed to this mornings massive rally.

I had hoped that I would be able to make this announcement under better circumstances, but it is with much trepidation that I
have decided to discontinue frequent updates to the CyclePro Outlook site. I have not altered my long-term bearish view.
Short-term however, it looks like my forecasts have been wrong. But this is not the reason CyclePro is slowing down... long
ago I established the level of 250,000 hits to the website as my milestone to make my change. This level was achieved this
week, a little ahead of my early estimates. I had decided that I was either going to turn CyclePro into a subscription service or
shut it down completely. I have been spending 3-5 hours every day, even on days that I do not post an update, for the past 20
months without any financial consideration. Because of this massive devotion in time, I was unable to spend time in pursuit of
other technical analysis research, which is my real forte. Further, I need to have my personal time back.>>>

And ANOTHER one does