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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (3385)	4/11/2001 11:14:49 AM
From: Duane L. Olson	Read Replies (1) \| Respond to of 4564

Wolf... Darn those epiphanies!! <GG> I'm sitting here glumly looking at those techs I sold yesterday running 15% higher. To stay mildly cheery, I recall that some of my mutual funds are heady in the same stocks.... and I did hold some VTSS, TXCC, CYMI and a few LTXX, "just in case"....this was the case ! If you ever get any more "defensive" ideas that have the potential to run annual rates of return above 150%, I hope you will to continue to share.... I liked that ERF even better than CD and LU, to be honest <G> tso Do you share the view that this continues to be a "rally in a bear market" until we get further info? I'm looking forward to further good opportnities --and fewer "epiphanies"..<GG> tso

To: Wolf 2 who wrote (3385)	4/12/2001 4:56:55 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 4564

Well, Wolf, no epiphanies today -- thank goodness <GG>... In fact, I am determined to avoid further epiphanies --- FA doesn't look like it's going to offer much in the way of answers, unless one does some really hypothetical estimating -- so that's not helping much. A quick cut at TA says we are very close to a resistance point here. So I'm going with a plan that says, if we back off resistance, we are going back to retest the lows; if we approach 2000, we should be able to break through another 10-15% to the upside. Sitting here today 48% in cash, planning on raising cash if we get that resistance; but planning on going quickly to <25% cash if we approach 2000... I could learn to like your NT in the current environment, Wolf.... Good call on that.... I remain less enthusiastic about LU and CD....waiting to be persuaded on ERICY... I am back to liking BRL...looks like an easy 40-60% over the next year to 18 months.... All in all, looking across the valley, and hoping we don't have to do the major retest thingie...<gg> Cheers! tso