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

To: bobby beara who wrote (24763)	6/29/2000 9:25:00 PM
From: dennis michael patterson	Respond to of 42787

b, your reaction is interesting. what I like about it is that it highlights what is so maddening about the market (confirmed Chris' work-- 2 conflicting signals! Could be just another whipsaw before a break). You enumerate phenomena to be explained (e.g., declining volume, liquidity) and I am enumerating causal explanations which, in my view, should result in different effects!! What is so interesting is the question why in the face of such a good economic background the internals are doing what you point out. Remember, though, that rally off of COMPX 3040 (remember that friday I was in Miami-- the rally came the following week) was also off of dung internals just like these. What caused it? Beats me. As for Amazon, I just added to a LT position (I bought LVMHY also for a LT hold. I need to "own" a piece of Ch d'Yquem!). I am not "playing" AMZN. I believe the story for the LT. Nothing more than that. As for the rest of the market, I maintain that hit-and-run trading is the best one can hope for. I do not think you disagree.