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

To: bandita who wrote (38226)	12/16/2000 1:28:24 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

>>armchair psychiatrists << ROTFLMAO LOLOL Commitment of Traders Report for the week ending 12/12/00 for the S&P 500 Futures Commercial Hedger # of contracts long W/E 12/05/00 ... 306,620 # of contracts short W/E 12/05/00 ... 393,088 Net ................................. - 86,468 Commercial Hedger # of contracts long W/E 12/12/00 ... 344,281 # of contracts short W/E 12/12/00 ... 434,679 Net ................................. - 90,398 _________________________________________________ Small Trader # of contracts long W/E 12/05/00 ... 165,758 # of contracts short W/E 12/05/00 ... 89,256 Net ................................. + 76,502 Small Trader # of contracts long W/E 12/12/00 ... 177,423 # of contracts short W/E 12/12/00 ... 96,790 Net ................................. + 80,633 FWIW - I want to address the issue about Ike since I don't want people getting the wrong impression on that. My disagreements with Ike last year were about the internets and the rapid straight up rally of the time as I didn't buy into the new era (error) argument and at the time he was. Ike is a good trader but we disagreed extremely on that topic. I think history now shows which was the correct view. Anyone that has followed our site knows I adopted Jerry Favors "3 peaks and Dome" very quickly and posted it's entire development utilizing the 3 line break chart to illustrate it as it ticked each wave until it fulfilled the prediction and all gains were lost in the NASDAQ. I felt strongly we were going to have a large drop and did my best to warn everyone. I have no problems with Ike as he is a nimble competent trader and I still read his thread on occasion. I just wanted to make sure he understood there was extreme danger in playing long as PEs soared to extreme valuations and the dome neared the top. If one sees a multi car pile up about to happen, one tends to try and warn everyone. <g> Hey that reminds me, that 3 peaks chart is still on hte site but I took away the link after it fulfilled it's count. I just took a look at it and wow, Favor's should get a medal for that call!!!!!!!!!!!!!!! marketswing.com Good Luck, Lee