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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (24109)	6/4/2000 6:52:00 PM
From: Haim R. Branisteanu	Read Replies (3) \| Respond to of 42787

OJ, a classic response from a professional GAMBLER nothing wrong to admit it, I hope you are mature enough for that <GGGGGG> . Have you seen Havana -- the movie I mean? with Robert Redford, he played also a professional gambler character who always won........ well until the music stopped and Castro came to power. So there are gamblers and investors who benefit from the stock market and then you have all those J6P and LTI's who think the market will fulfill their American Dream Haim

To: Jerry Olson who wrote (24109)	6/4/2000 7:58:00 PM
From: Lee Lichterman III	Read Replies (5) \| Respond to of 42787

Dan, agree. Archimedes, I had oil stocks and Natural gas using the SPX sector indexes at a long term resistance line going back years. Just go back about 8 years and connect the tops and you will see we bounced off. They aren't dead yet though and could just pull back and consolidate for a while until they build up enough strength to punch through. Lines dating that far back take a little extra Oooomph to get through <ggg> The market is scaring me a bit. All weekend I am reading about people shorting this rally, expecting a pullback etc. I too am thinking along the same lines but since so many are in agreement, I am starting to wonder if we will just rally into oblivion instead. I know bobby beara, Death Sphincter and Bull Rider aka Plonk, were all comparing the e-wave counts over on the Kahuna thread a few weeks ago but I eventually got lost and forgot what they finally agreed on. I would love to know if there is still the chance of a 5th wave blowoff rally to put the final nail in this casino we call a market or if we are just going to do an A, B, C, corrective wave in a downtrend. Fundamentaly, this makes no sense to rally here since there are so many unknowns. We don't know if the reports this week were an anomoly and there will be more inflation showing up later, if we are indeed slowing down and the Fed overshot so a recession is ahead, Brokers are rallying yet there was a lot of margin lost tduring this pullback and I read that 20% of broker revenues are from Margin income, what will that do to thier earnings? Why in the world can't the masses just get real about valuations instead of boom bust betting it all manias? OJ - I tried to write you 3 times and each one got longer and longer so I give up. My first response was about 10 paragraphs, the second one about 20 and the third one took an hour to write. All I will say is bull pucky and I can't believe you used the term trickle down economics and Clinton being credited with the economy in the same paragraph. Democrats were against this from the start and I see NOTHING that Clinton has done that has done anything but ruin this countries long term prospects. There is a delay in presidential policy and when it is seen on the street. When his legacy hits, there will be a loud pop and slam that resonates across the world. Good Luck, Lee