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


To: Paul Shread who wrote (38582)12/20/2000 11:27:00 AM
From: Henry J Costanzo  Read Replies (1) | Respond to of 42787
 
Paul:
Some time ago, when I was seeing H&S bottoms all over the place,and projecting rallies, Eddiew offered to bet you a bottle of wine that I was wrong. Hope you didn't take him up on it, but if you did, let me know and - since he was talking about my bad calls - I'll be happy to reimburse you. I"m off tomorrow for the rest of the year, and have pretty much thrown in the towel in trying to analyze this market. Fortunately, I've not been in very deep, and was lucky to have some health care stuff with some profits to offset the losses on a few techs I got stuck with looking for the bounce that never came. Happy holidays - and a better New Year - to everybody!!



To: Paul Shread who wrote (38582)12/20/2000 11:39:45 AM
From: Lee Lichterman III  Respond to of 42787
 
Well, I started moving my kids in this morning. Too hard to trade all their IRA accounts separately so I have to take advantage of when I am home. I would have prefered to have weekly buy signals since they are position traded but since I have so many cycles, indicators and long term trend lines converging here, I figure we are closer to a low than the risk.

I have very very loose stops in place just in case but my oldest is 5 and the rest are much younger so being exact isn't priority, just general direction. If they luck out and get a X-mas rally then I can tighten the stops. I guess this puts me in the clown camp now. <ggg>

My main concern right now is the lack of volume the last hour or so. SE's first turn time is now and it may be inverted to a drop unless this is a head fake.

Good Luck,

Lee