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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: ColtonGang who wrote (5432)	2/27/2001 4:39:59 PM
From: SirRealist	Read Replies (1) \| Respond to of 6445

“While the short-term outlook continues to signal a severe economic downturn, consumers’ appraisal of current economic conditions suggests we are still undergoing moderate economic growth and not a recession,” she said If it walks like a duck and Lynn Franco's peking at a duck, it must be that Franco is a dipwad in serious denial. It's a recession, dagnabit, and any fool can see it. Except the greater fools who dare call themselves economists.

To: ColtonGang who wrote (5432)	2/27/2001 4:51:05 PM
From: Jenna	Read Replies (1) \| Respond to of 6445

Another good day on the short side,as we suspected and posted. It would be a good idea of everyone did learn to short.. We do understand this market is bringing out all kinds of frustrations, hysteria and even regression to lunacy (yes I've even seen that). Businesses and portfolios are failing on one hand, while others are doing well and people might be handling this in a variety of ways. As long as we keep a lid on our professionalism and prowess, we will float through this market like we have been doing for the past 6 months. There is still a lot of work to be done.. The Pristine Watch List and now running the Intermedidate trading Forum but we still have time for everything. We have a list of new shorts for tomorrow if we need them, we need a level head for this market.. And that's something we have.. so Gemmers onward and upward. I left a message for Scott for a possible area for our intraday updates.. If not we'll stay where we are.

To: ColtonGang who wrote (5432)	2/27/2001 5:01:34 PM
From: Jenna	Respond to of 6445

Another good day on the short side, EXFO, CCMP,BEAS, ITWO some highlights and DPMI, yesterday the entree was NTIQ in the morning, but we suspected and posted we thought it wasn't over yet. We do understand this market is bringing out all kinds of frustrations, fears, hysteria and even regression for others. Businesses and portfolios are failing on one hand and others are doing well and people might be handling this in a variety of ways. As long as we keep a lid on our professionalism, and intellect, we will float through this market like we have been doing for the past 6 months. There is still a lot of work to be done.. The Pristine Watch List and now running the Pristine Intermediate Trading Forum but we still have time for everything. And as they say time flies when you are having fun and making money also! We have a list of new shorts for tomorrow if we need them, plus some longs, we need a level head for this market.. And that's something we have.. so onward and upward. I left a message for Scott for a possible area for our intraday updates.. If not we'll stay where we are. I'm not at all sure when this down market will end, but since I'm not invested and have urged the same for years (since the Internet fiasco). I think we will end up with a cheap market of nice companies and even if it takes a month or so, keep your money on the sidelines until we see something more then a bear flag rally.

To: ColtonGang who wrote (5432)	2/27/2001 5:30:32 PM
From: Dave Gore	Read Replies (4) \| Respond to of 6445

Here's a grim question - Are Daytraders extending the pain of the Market's fall? A friend and I were talking today today about the Market and came to the hypothesis that scalp- and day-traders may actually be responsible for the slow death we are seeing in the Naz market and especially the tech market. In the past, on Black Monday in particular, we got a horrible 1-1/4 day selloff on massive volume and it was over and that was that. Now, we have so many traders taking a point here and a point there as the Market drifts down that it resembles a slow death. Since some are actually doing pretty well and more are shorting than ever before, not everyone is getting killed. But the poor souls (or should I say, "poorer" souls) with longer term positions or with money in tech funds are getting killed. And that represents much of America. The whole tech sector is trading in something like a giant Bollinger band with a downside bias that just doesn't want to end. Volume on many days is not even that high. This is a controversial topic and one that I don't know the answer to, but I do know this - until we get a capitulation I can't see the bottom, can you? Are people going to stubbornly hold until NAZ 1500 or DOW 8000, if by some stretch of the imagination we get there? Or is there some reason we really don't need a final capitulation to rally back up and hold key support levels? I wonder.