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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (17935)	1/6/2001 1:10:01 PM
From: mishedlo	Read Replies (1) \| Respond to of 19374

Vendit, My post was trying to elicit a response to the extreme volatility we have been seeing lately. It does not seem that not much matters but buying extreme fear and selling ANY optimism. It has been that way for some time (in my eyes anyway). TA FA etc etc seem to me to be almost irrelevant. Stocks are falling through multiple levels of "support" on panic, and rising through them on greed. Time the fear. Sell the exuberance. That was what my post was about. Waiting for RIMM to hit the top of the channel to short it seems to have been a big mistake. I did get into RIMM but missed so many other obvious targets waiting for trendlines to be hit, that it seemed to me my overall strategy was simply wrong. Someone on another thread ridiculed me as "the high priest of doom and gloom" which I thought was absolutely funny and I was attempting to get a laugh. They should read what Michael Burke or Earlie think. That will raise some eyebrows. I am a huge optimist compared to them. You have yet responded to my private comments that I had not edited my post properly as the post contained TA comments directed towards others you could not see. I was working on cleaning up these references and posted the wrong version. I am fully aware as a lurker that TA is what is most important to you. To me it should have been obvious that I was in fact commenting to someone else that asked me a question about how to use TA in a bear market. Therfore I was not trying to "preach to the choir". I have followed both yours and WalkingShadows references and have learned much from them. So if anyone here was offended by my post I apologize. Obviously the suggestion to not use TA was just a little too "off topic". Back to Lurking Thanks. M