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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: h8_2_b_l8 who wrote (18047)	4/8/2001 2:18:58 PM
From: Jeff	Read Replies (2) \| Respond to of 19297

3 strategies for the rest of the year...... 1)Cash.....you give up.....feel its safer to just not play the market.....wait for better days....sick of losing money.... 2)Buy and Hold.....you believe the big money hype of just keep buying because the bottom is near.....and in 5 or 10 years you will be alright...and eventhough big money has been sucking you in...and the market keeps dropping...you feel they know best...and you are too lazy to do your own thinking and research...so you accept the fact that losing money now..will pay off in the future..... 3) Look at the big picture.....and learn how to trade the market both long and short...... my strategy.....3 go to this link......the interactive chart..... bigcharts.com put in EMA 9.....PAROBOLIC SAR...MACD.....SLOW STOCH 5-5.....WILLIAMS%...... you will be using the 4-year.....and the monthly and quarterly settings...... write in nasdaq...4-year...monthly..... stoch still heading down...MACD breaking down under 0...still more pain ahead.....market back to 98 levels.....1500 area...just write in any nasdaq stock.....all are heading back to 98 levels.....and those that aren't....are floaters.....and short targets... now write in the Quarterly 4-year..... MACD just breaking down...STOCH.....look how long it was in overbought.....it can stay in oversold just as long...still more pain ahead..... now what moves the nasdaq.....the BIO'S AND SEMI'S..... wtite in BTK.....4yr.....monthly... STOCH...heading down.....MACD breaking down...under sar....now back in 98...BTK was under 200......today its still over 400.....now nasdaq is near 98 levels.....but the BTK still has 200 some points to drop.....bad news for nasdaq......do the math...still more downside... now write in Quarterly.....first time under EMA-9.....close to bottom sar hit.....bad news..stoch breaking down at 50.....future looks bad.....chart wise...thats the big picture..... now look at the SOX.....write in SOX...4yr.....monthly... stoch still crossing over to the down eventhough very oversold.....MACD breakdown..... write in Quarterly....under EMA 9...stoch still breaking down...98 levels...300's......but today the SOX is still at near 500.....but nasdaq is near 98 levels.....and many nasdaq stocks are gravitating back to 98 levels..... but the semi's and bio's are not near 98 levels yet...... so you have a blow off top in the nasdaq at 5000.....and markets work to extremes......so do we need a blow out bottom......if we do.....its shows in the the setup i just mentioned......the SOX still can fall 200 plus pts...and the same for the BTK...200 PTS......now if these lead the nasdaq.....where will the nasdaq be when these do their final breakdown......nasdaq 1100 to 1300......it can happen folks....and the charts say its coming......so be prepared for worst...and you won't lose your butt..... so nasdaq strategy still the same......think short......and longs intraday only.....being long in a bear is a money pit..... now if nasdaq is gravitating back to 98 levels.....can the DOW do the same.....why not..... now using the chart......and i warn in advance...if you think this bear market is over...or you think a bottom is near....don't read this part about the dow.....cause its pretty scary......and its the big picture.....not looking at next week or a month out......this is for the rest of the year.....so if this happens...its gonna be a bad year... write in INDU 4-year...monthly..... STOCH just now failing at stoch 50 and heading down.....MACD breakdown...now under EMA-9...bottom target from 98 levels 6 to 7k.... write in quarterly...... first time under EMA-9.....MACD just starting a crossover down...stoch breakdown under 50..under sar..... its ugly.....for the near future..... since nasdaq stocks are heading to 98 levels.....write in a few dow stocks and look at 98 levels...... DIA.....now 97.....could go to 75 or under...IBM now 90's...could go to 45...GE...now 40's.....20's.....you get the picture.....thats what could happen.... strategy...short dow and hold..... now when the dow and nasdaq where rising from 98 till 2000...what was going down bigtime.....gold... lets check the XAU..... write in XAU,...4yr...monthly..... MACD crossover bullish heading up.....STOCH..sign of strength holding 50 and turning up.....98 level 100...today 50 area..... quarterly.....stoch heading up from oversold..... a few gold stocks at 98 levels.....NEM..30 TO 35...ABX..25...PDG...15 to 20...DROOY...3 to 4.....write in any stock.....you get the picture.... now if it makes sense that the nasdaq is heading to 98 levels...which it has already done...and could go lower... and if it makes sense that the dow could go to 98 levels.....which the breaking of the big diamond pattern and the charts suggest it will..... and if it makes sense that when the dow and nasdaq rise.....gold dies..... does it make sense that when the nasdaq and dow die...gold rises..... so...come to your own conclusion.....the data is there.....you interput it any way you want.....do what you gotta do.....i know the direction i'm taking..... and i know these things unwind slow.....so there will be many wild up and down days ahead... but since i see the big picture.....i know what the main trend still is......its down......and holding longs now is still a money pit..... lots of bad news still coming.....lots of spin still to come from big money......they need you in this market to keep their jobs remember....and mutual funds just had record outflows last week.....so folks are finally getting sick of the trap set by big money to keep them in this market eventhough it just keeps going down more..... all they have are surprise fed cuts to hold this market up while they dump into any buying...and fed cuts won't help till late this year or early next year...so any rise short term will just get sold like the past..... the trend is your friend.....fight it..and you will lose..... and trends don't change in one day or a week..... keep your eye on the big picture......and keep your money where it belongs.....with you and your loved ones...not in the hands of greedy big money boys.....