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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 (54730)	10/3/2000 8:50:54 AM
From: coug	Respond to of 63513

You are welcome J, I go by my system, it is more reliable than my emotions, sometimes.. I think.. So now ..it is indicating up, and with all bearish sentiment to the left and right of me, I will go with it.. Another thing, IMO, the fundamental backdrop has not changed drastically, and I always overlay my system on that.. 401 K money is still rolling in, the stock market is the place to be, etc.. And it is my best guess, that the longer we hold here, flatline in a trading range, if you will, there is a better chance of shooting up than falling down.. because with institutions driving this thing, they will pile on, at the least sign of a breakout, because no manager wants to be left behind.. And if the current mini crisis in energy didn't knock this down, I don't know what else will. UNLESS of course, that gets huge.. So that's my take on this beautiful autumn morning.. We will see and as always, good fortune to you and all.. m