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To: cnyndwllr who wrote (87474)	2/16/2001 3:16:02 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

"I'm smarter, richer, more knowledgeable than you are, or neener, neener, neener, thread." Huh? I'm not seeing any of that today. All I am seeing is mostly relevant posts peppered with a number of off topic but interesting ones. If you guys want to subject yourself to inane drivel and pettiness, that's your decision. I have better things to do with my time, like making money. Are any longs escaping today's carnage? Surely the shorts are having a field day! This is an instant replay of last February's triple witching Friday.

To: cnyndwllr who wrote (87474)	2/16/2001 3:32:26 PM
From: Gottfried	Read Replies (2) \| Respond to of 95453

Ed, you asked someone else >Do you have any concern that when we are in a period of rapidly changing perceptions and quickly changing fundamentals, TA analysis might get you in trouble? Is that supposed to be incorporated in and adjusted for in the TA models? I'm just curious since I know so little about TA.< Allow me to comment, since TA is dear to me [after FA alone failed me once too often]. All that goes into TA is price and volume. Fundamentals do not matter. Sure, you can get into trouble. But if you concentrate on price action you can set stop losses to keep loss small should the trend go against you. One method I like won't let you buy until the price has decisively broken above the 30 week ma. This has kept me from buying a bunch of seemingly cheap tech stocks lately and has kept me in some of my OSX stocks [because they were above a rising 30 week ma.] You could start looking at that to see if it makes sense to you. stockcharts.com Stan Weinstein wrote a book on this. As for thread deterioration: I get around the problem by not opening the last unread post, but just looking at all the headers. If the header looks promising I open the post. Some posters I completely ignore because they're so full of themselves. Certain posters I read always. Regards Gottfried

To: cnyndwllr who wrote (87474)	2/16/2001 5:19:07 PM
From: Area51	Read Replies (1) \| Respond to of 95453

Hi Ed, I agree that caution regarding technology is prudent. If capital preservation rather than growth is a primary goal then defensive stocks is still the place to be for the short term. I looked at SUNW/GLW/NT a little today to see if I could pick some up at reasonable valuations and decided to pass on all three. So if the technology premium vanishes there is certainly some more pain possible in tech land. NASDAQ 1800 is probably possible if we close below last December lows. But at those types of valuations I would look for an opportunity to liquidate all my OSX and XNG stocks and transfer the funds into technology. I think TA can be used to tilt the odds in your favor and I probably don't use it as much as I should (My Dad taught me that buy and hold was the way to invest and I have slowly started using TA to improve my returns). I agree with most of your thoughts regarding the "posturing" that occurs on the thread. But it's good if they are able to use the thread to improve their self image (and I'm sure that it's cheaper than therapy <g>). Best Regards, Area51