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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (40393)6/20/2000 2:53:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 63513
 
+40 is an absolute inflection point....no plus 40 no plus at all IMO



To: Jorj X Mckie who wrote (40393)6/20/2000 3:01:00 PM
From: Rich1  Read Replies (1) | Respond to of 63513
 
Bought SPLI this mornign has shown numerous buy signals. Can't make up mind whethter to buy RSAS or DIGL. Made money on DIGL last week. ANy opinion??



To: Jorj X Mckie who wrote (40393)6/20/2000 3:02:00 PM
From: Original Mad Dog  Read Replies (2) | Respond to of 63513
 
OMD seems to be pretty good at this trading stuff, I probably has some extra $$$ to loan.

Sure. But canines are exempt from the usury laws, and you should see our collection techniques!

Here's an interesting chart for you to chew on. I follow MWD (Morgan Stanley Dean Witter), used to be my largest holding though I have trimmed it back quite a bit. Although it is traded on the NYSE, it really behaves like a tech stock. Although it is a brokerage, it thrives or suffers in any given time period based on its IPO's, usually in the tech sector, and so it might as well be a tracking stock for the Nasdaq Composite.

Look what happens when you chart it against the Naz for the past year:

finance.yahoo.com

Lately it seems to be shadowing the Naz, moving in the same direction but with a slight time lag. Last year, it seemed to be foreshadowing the Naz at times. I am sure somebody here is smart enough to figure out how to make money from this phenomenon.

MAD DOG