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To: MonsieurGonzo who wrote (9005)2/17/2001 11:10:48 PM
From: Berney  Respond to of 11051
 
Re: The Game

It has taken me a long time to wean TM out of the concept that if you're not in the game, then you are out of the game. He is a believer. The game is very simple in the bear market. As long as the Bears are in control of spin, buy near support and get the Hell out of dodge near resistance.

Little press was played to the fact that the Big Dude in the Sky, AG, said that 1) we are not in a recession, and 2) the probability is low that we will be in a recession. It was important to watch the move up after the release of His prepared text, and the move down when He finished and the spin took over.

Because of the time factor that it takes me to put the Phleet out to sea, I'm tempted to enter the orders now. However, I've decided that I'm going to wait. (I'll probably commit a 25% portion) The rest will wait. I'm just convinced that it is better to be on a drunken binge in port than be subjected to the potential high seas out of the safety of the harbor. I've got the downside projection on the Cubes at $54.30; however, if we break that line in the sand, it will get real bad, real quick. The key will be the Fed action on Tuesday. I've noticed that with a positive action the market is subject to the other whims of news, but with a negative action the results are assured.

JMHO and BWDIK

TB



To: MonsieurGonzo who wrote (9005)2/18/2001 9:40:53 AM
From: Trading Machine  Read Replies (2) | Respond to of 11051
 
MG, I will be happy to post the trades if::::

1) YOU Promise NOT to LAUGH!!! gggg Well, you can grin a little but don't laugh... and

2) Any lurkers, Pleeeezzze do your own due diligence!!! Anyone that trades on someone else's indicators is risking a lot on something that is NOT well understood. Doing so without understanding all the caveats that go into it will put you at undue risk. Develop your own trading criteria.

Berney, your metafours (or fives) are making me see sic!! ggg

I find it interesting to note that Gersh will be moving into the mkt on 3/2 with his signals, this coincides to mine if I extend the lines out into space and time. Boy it's scary when everyone starts to line up!! ggg

XXXOOO to big Al,

Paul Kellam