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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: Capt who wrote (4064)3/15/2001 4:39:52 PM
From: robert b furman  Read Replies (1) | Respond to of 4583
 
Hi Captain,

This is typical bottoming action. Nice up day to give you hope and then your stock is weak. A lot of quiet accumulation I think. I see positive divergences building.

We could still have a blood letting but hey,the big money is made for taking chances. All my buys are for long tern holds and I've been around long enough not to sneeze at 600% even if it takes 4 years to happen.

In the tech sector the cycles have been just as bad as now and they've averaged closer to 2-2 1/2 years.

So I've learned to buy cheap , hold long, and sell early.

Bob