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

To: donald sew who wrote (24762)	6/29/2000 9:18:00 PM
From: Jerry Olson	Respond to of 42787

Evening Don i see nothing out of the ordinary at all... what we have here is what we've seen many times before the FOMC and end of quarter window dressing... we have cycle lows coming in tomr..Fri ala Carpino, then up for most of July..my sentiments too.. Heck Don the FED as of now has STOPPED raising RATES!!!!! is that BAD or GOOD?????? look the street already see's some signs of slowing...but we are not dead yet... consumer goods, retailers, stodgy slow moving old eco stocks will slow a heck of a lot more than high tech!!! what we're goin outta business??? don't think so.. because of all the volitility in the markets lately, because of all the uncertainty, this was enough to skew everyones indicators.. hey there are no indicators, we've been trading range bound for months... and for now i see no change in the forseeable future.. no crashes either up or down... but we are off the hook so to speak till Aug... when the Cats away us mice will play.... my guess is we test the lows right here, and then rally right after the 4th... earnings season is upon us, and big cap tech has NOT warned.. forget CPQ they warned every quarter...DELL already said they are rockin and rollin...INTC said bombs away..RMBS and all the chip guys are out of product????MU crushed the numbers NSM etc... can't make it fast enough to supply the demand.... and after the GDP came in at 5.5% for the first Q, that will look big after this Q, we are headed down to 3 1/2 to 4%, this Q...no doubt... so yes it's tough to trade the ripples...but there are solid stocks out there i trade successfully every day, long and short... no there's nothing wrong right now...this IS the Markets...this is what we'll have for 6-12 months... and the VIX as an indicator,?, is usless anymore...everything except short term TA is usless.. hey we can't even predict tomr, let alone 3-6 months from now.. i have seen the best S&P traders on SI flip flop daily for the last 2 months...you cannot trade for 1 week anymore... but it does not matter..daytrading, and or swing trades are the way to go..INVEST?? why??? no reason, play the volitility and prosper.... i am neutral with a bullish bias because a lot of people are scared right now...the volitility has got them spooked, they sell on a dime... they run, and try to regroup..i buy from them,...they sell me their throw aways.. why chase when people will puke up their stuff easily enough...i go to cash every nite almost, and sleep like a baby, wake up refreshed and rested, looking forward to another successful day of trading the markets for a living... let all the pundits and worry warts say what they will..it's meaningless drivel Don, you know it and so do I...the guru's just don't get it....they never have.... hey, hope your doing well....i am...regards OJ