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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JD who wrote (1156)2/26/2001 3:33:06 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
No doubt....I also don't understand Angell's willingness to put % figures on his predictions....only setting himself up fall from the pedastal (if the Fed doesn't cut)..

The key to a long life for all those Wall Street hypersters is to stay as nebulous and confusing as possible AS LONG AS POSSIBLE, while hedging all the way.....that way, no one can pin you down if you are wrong...

Example text: "We foresee the possibility of a moderate-to-strong rally within the sector, however it IS possible that we could see some further extended downside, perhaps lengthy in nature, before a rebound of some kind takes place"

In the case of Angell, it should've gone like this: "We believe there is a good possibility of an intermeeting rate cut, however, we would not be surprised if the Fed waited until the next meeting, according to past practice"..



To: JD who wrote (1156)2/26/2001 3:34:17 PM
From: horsegirl48  Read Replies (1) | Respond to of 52237
 
because the market has destroyed all faith in it to do anything but go down. I know I'm not buying to scared that he will not cut rates, then watch out below, or he cuts rates and sell the news. Anyway you look at it it looks like sell, but then maybe thats good because market never does what you want it to. And even though I strongly believe in TA all bullish candles turn bearish in a couple of days so the charts have fooled me big time in this hungry bear.
Maybe donald should make the bear some dumplings.