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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (3267)	4/12/2001 2:00:49 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 23153

re: "We will sell no wine before its time." Wasn't that Robert Mondavi? :o) JimP, post 3268 was well worded. Not sure everybody is fully aware that there are two arguments: inventory and capacity. Inventory will get worked off, but there will still be a lot of excess capacity.

To: kodiak_bull who wrote (3267)	4/12/2001 2:38:51 PM
From: rolatzi	Respond to of 23153

you said: This is a slow climb and many of the wounded will be inclined to sell quickly, but Orson Welles comes to mind: "We will sell no wine before its time." I think the correct time to start selling is 2250~2300, but that's just a bunch of free advice with my personal money back guaran-damn-tee attached. The 50dMA for the COMP is at around 2080 presently. On the way down, the average hugged the 50 dMA several times. It corrected up for a period of 5-10 days and either stopped sligtly below, at or slightly above. This gives me lots of wiggle room.