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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (6219)	4/23/2001 7:38:13 PM
From: isopatch	Read Replies (1) \| Respond to of 52237

Paul. Don't mean to sound too cavalier about the market. Because it's my livelihood and therefore serious business. OTOH, Job One is to eliminate emotions like "worry", fear, anger, etc from the process. And over a period of many years of doing this I've gotten increasingly successful in accomplishing that. It's simple. My ability to evaluate the investment environment at any point in time so I can properly prepare for good buy, sell, or hold decisions just goes down the tubes if I don't. HOW to accomplish the trick of reduing "emotional noise" to a very low level varies a lot from one person to another. My approach works great for me. For example, I don't use words like "worry" to describe my attitude to the market. Reason? Using the word makes you more likely to fall prey to the emotion IMO. Perhaps a subtle psychological point, but I think a very important one. As far as you comments about A/D, the Trannies and the other things you mentioned. What I try to do is assign the various pieces of evidence with the time period they apply to to. LT, IT, ST. Putting the pieces together right now my conclusions are basically: 1. LT it's a Bear Market 2. IT we've finished the A wave up in an ABC Bear Market Rally 3. ST We're in the B wave down. So, right now, am watching for entry and reentry levels on this B wave dip. Just sticking with a few stocks that I'm familiar with and have some feel for on the tape. Isopatch

To: Paul Shread who wrote (6219)	4/23/2001 11:33:38 PM
From: bobby beara	Read Replies (4) \| Respond to of 52237

Makes you wonder what the Simplicity Pattern of today is, the one idea or stock that has a ridiculously misguided future built into it>>> the simplicity pattern is the markit itself, and i think most of the sector simplicity patterns have run their course, because of the massive bullmarket in the last decade, most only know a buy discipline and have come to believe that the long term uptrend will remain intact due to a plethora of "simplicity patterns" and the ability when the market topped out in the 97-98 period (a/d line) to be able to sector rotate between simplicity patterns, now there is nothing left, everything is sucking and the economy is turning down after a decade of prosperity, nobody believes a recession is possible, even now as we are in a recession, the market patient is in denial, and will only recover after the patient has undergone an "interdictionery experience" the nasdaq crash from 5000 has not created this experience as of yet, they are bidding up worthless penny stock paper on the rally 2-300% (thank you -g-) until they kill off all the hot money the bear markit will not be over.