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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (32025)	10/28/2000 2:29:06 AM
From: Perspective	Read Replies (7) \| Respond to of 436258

<Whither NT? Wither NT.> Nice. Very punny. I like that. Also love that chart. And yet I still can't convince the people around me that there's something to this whole TA thing. I point out how, time after time, I'm able to pick major turning points in individual stocks, and yet they still think I'm full of it. Just wrote Heinz that I'm moderately concerned about this particular end-of-month period, since the cap gains distribution avoidance will shortly end. Not sure how much of a factor it is, but I'm a big believer in seasonal patterns. May have to lighten in case. I'm thinking this may go for the 1929 approach to things - many weeks of work right at the wave 1 lows before a breakdown is finally achieved (as opposed to the Japan-style immediate break). Although the fundamental news seems to just get worse and worse. Without the government games on the economic numbers, we're probably already in recession. Fleck connected a lot of dots tonight. Hadn't really thought about the fact that, REGARDLESS of if there's a slowdown in end sales, the mere fact that the contract manufacturers are taking steps to reduce inventory will result in slowdowns for all the semiconductor companies. You don't even have to have consumer demand contract - just the contract manufacturers. Don't see how anyone could possibly think this is the time to step up and buy, but if there's one thing this mania has taught me, it's not to underestimate the vast number of fools with money to burn. BC