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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (5502)	12/7/2000 7:37:56 AM
From: David Lee Smith	Read Replies (1) \| Respond to of 19219

One of my greatest discoveries was your thread. When you're bullish (or bearish) and my model confirms it, I've found that I've made some handsome profits. I don't really know the cause yet, but I'm not going to change something that appears to be working. For those other readers, please do not follow this, but follow your own system. I will continue to post mine as I hope others will share their ideas. I am still in the money market itching to go one way or the other. I still have my long Gateway/ short Dell position, playing the historical spread, and I'm long TGP playing the risk arb, but most of all I'm in cash. FYI I also have positions in ECJ, FPC and a French oil stock called Elf Gabon. Elf Gabon is most interesting (no U.S. symbol, must purchase on the Paris Boise) as it sells for 3X earnings, has a 45% ROE, 8% growth rate and a 25% dividend that's been paid for the last 8 years. I will update my model around noon. Best wishes, David