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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (2936)	2/1/2001 2:38:58 PM
From: country boy	Read Replies (1) \| Respond to of 4564

DLO: Hope you're right. I don't want to fight the Fed---did enough of that last year and have the scars to prove it. Yet, I'm super cautious. The long and intermediate trends are still down. We've only just turned the corner on a day to day basis and I'm reluctant to fully commit yet. We're not seeing a great deal of selling today, for sure. Looking ahead, I don't see any good news to propel my basket up if yesterday's news won't do it. I'd expect more recessionary bad news on the other hand...perhaps the best strategy is to be in half way or better and keep rigid stops in place. For instance, my IDTI was stopped out yesterday at 49 3/4. I bought back today at 45 3/4. cb

To: Duane L. Olson who wrote (2936)	2/1/2001 2:58:11 PM
From: country boy	Read Replies (1) \| Respond to of 4564

Others I'm watching: MU pulling back and a buy at 40 support. EMC buy at 200DMA of 75ish and a bet it will bust through that strong resistance of 80 IF the Naz will go 2900+. XLNX looks like it's over old support of 55 for a while. CLS came out with great numbers and guidance and I'm adding it to my list for '01, though I don't have any yet---missed my chance and it's up 9 today---waiting for reasonable pullback. best, cb