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


To: donald sew who wrote (32467)10/11/2000 8:18:05 AM
From: Casaubon  Read Replies (1) | Respond to of 42787
 
Great post Don! I know a lot of people are going to be screaming bear market, when it fact all that is really happening is reversion to mean. I have been trying to explain this to people all year as they continue to lose money because the boob tube said you can't time the market and long term buy and hold is the only way to make money.

They will really be in trouble if this isn't reversion to mean! Then we'll really see capitulation. I'll be maxing out the credit cards if that happens. Probably just write covered calls out on credit for a few years until the dust settles.



To: donald sew who wrote (32467)10/11/2000 8:49:18 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
08:35 [GE] GE'S WELCH SAYS ENJOYING 'BROAD-BASED STRENGTH' ACROSS BUSINESSES
08:35 [GE] GENERAL ELECTRIC'S Q3 REVENUE AT $32.014 BLN VS. YEAR-AGO $27.2 BLN
08:35 [GE] GENERAL ELECTRIC'S Q3 EARNS IN LINE WITH FIRST CALL CONSENSUS
08:35 [GE] GENERAL ELECTRIC POSTS Q3 EARNS 32 CENTS VS. PRIOR YEAR'S 27 CENTS

Right at expectations, didn't beat them. Let's see how this is greeted.

Good Luck,

Lee



To: donald sew who wrote (32467)10/11/2000 10:13:24 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Don, With weekly Class 1 Buy signals, aren't we do for more than a modest bounce?

Just noticed CSCO at 51 and change. The MMs must have heard CNBC saying how important 50 was and stepped in.