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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: mike machi who wrote (423)12/15/2000 12:02:30 AM
From: bobby is sleepless in seattle  Respond to of 5732
 
how bout bottom fishers maybe,,,or lemming playing the charts will profit take here and there giving a bounce for the hopefully long,,,maybe fundies putting idle money to work, huge earnings surprises?, the mother of all capitulation?...

no matter the earnings it seems, the market particpants are not "buying" it, and heaven forbid a warning, unless perception factored in (intc)...

adbe gives great numbers but the naysayers will look for holes, valuation concerns,,, glw says next year solid it tanks...faith in NT?...jdsu?...intu?...too many jitters.

I've been holding long OUTSIDE of tech sector in the explosive arenas of consumer, health, airlines, many are at or near highs, which concern me as I constantly remind myself that there is no stock that is recession proof.

smart man, to trade the trend, something of whcih i am involved "in training", meanwhile continue the Waldo approach, that is to find pockets of strength against the prevailing trend.



To: mike machi who wrote (423)12/28/2000 12:04:07 AM
From: Susan G  Read Replies (1) | Respond to of 5732
 
Some Educational Stuff on candlesticks

candlecharts.com
Steve Nison's website, lots of educational stuff

litwick.com
and this one, my favorite - they now have REALTIME candlestick analysis for members, I was able to confirm a BEAS candlestick pattern intraday last Thursday (a belt hold), which made me confident in holding overnight. The next morning was the morning it gapped up 4 at the open and never stopped, going up about 10 more and closing at the high. Caught the entire run thanks to litwick. : )