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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: GTinsdale who wrote (7177)	10/2/2000 2:08:01 AM
From: gongoman	Respond to of 100058

GT Thanks for your comments, I agree with a lot you have to say. However , I think you may be to optimistic over the short term. I see us going back to more of a bearish composure , I feel this Monday could give us a little indication. Whenever I have seen the Nasdaq sell-off on a Friday, the following Monday is usually a little messy . Whatever the case, I am sitting on all cash , and I am not about to go back in long term , from here on in I will be taking the exact approach Flack has suggested, I may not make as much as some, but I will at least know what my losses will be , no more mystery for me . My approach for holding long term will probably be the same as it has been last year, buy high and sell higher . Therefore prior to be going long I will need to see defined break-outs . (imho) mj