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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (31555)2/21/2001 2:20:39 PM
From: Jill  Respond to of 65232
 
Also, in addendum to my previous post, I wish Teresa would resume her newsletter/analysis of the market. I've watched her now for 6 months. She never gets ruffled and her analysis has always been quite accurate.

She got flack recently for pointing out that the naz was in a rising wedge--that volume wasnot high enough--bulls could get trapped--likely we'd revisit and test the Jan lows again--it all happened--

Its all a look at price and volume--



To: Jill who wrote (31555)2/21/2001 2:39:41 PM
From: edamo  Respond to of 65232
 
jill....much appreciated...

the attributes of the "intelligent speculator"....appear to have a foundation in the writings of sun tsu....

discipline is of utmost importance in life.....courage of conviction is paramount, but cannot be driven solely on faith...one must be able to recognize when things aren't as envisioned in the mind's eye......

no room for emotions when making investment decisions...

today was another glimmer of the eventual uptrending market...issues that are in a basing with an upward bias traded up on high volume moved lower on low volume.....other issues show instability...

no easy money on the street....and if luck happens to bring you easy money, better know when to put it in your pocket, or spend it on a tangible!

good luck

ed a.