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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: eichler who wrote (76131)4/28/2001 4:40:48 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
I disagree. This is forum to express info, thoughts, stocks, reasons to buy or sell, even personal and political matters. That includes pounding the table on a stock or sector, or downgrading it publicly. Just because we're not Abby Joseph Cohen or Dan Niles doesn't mean we can't do that. But we cannot really care if anyone listens. Just an expression of a point of view at a certain time about a certain priced stock or sector. Fair enough and I always read posters with contrary views to mine.

Sure when someone attacks you, lies about you or calls you names one could take it personally. But I for one don't invest my ego here. If I did I would be asking for low self-esteem. LOL. No one gets attacked more than me. I do admit getting emotional about the Lu attack which drove it down to 5.5 though. That just teed me off because I could sense the obvious dishonesty. If anyone had listened to my alert then they'd have been making great money ever since. Doesn't mean I'm always right but I'm not going to stick my head in the sand when I see something clearly dishonest going on in the market. Nor should you. We should all be each others' Paul Reveres, whether we agree with the alerts or not.

As for "going to the moon", I'm only looking for modest rebounds. I'm halfway there. Sure I may double my money short-term on the micro dogs but the rest I'm happy with 15-25% short-term. And I may sit out the summer completely.
I have made that clear. My portfolio is half Baby Bell types half tech dogs. That to me is the right balance here in this market for position holds. I am not a day-trader and never will be.

Finally it's the volatility and frequent madness of the markets which brings out emotions. No way around that if you're gambling with your personal funds.-- Also I'm not always bullish. I was bearish on retailers and drug stocks 3 weeks ago and was bearish on some high-fliers which led the rally up a little too far. I've been bearish on e-commerce for more than a year. My argument is always about over vs. under-vaulation in certain sectors and stocks and I try to only play stocks I have followed for some time.

With the Fed cutting every 6 weeks or so I'm feeling in the groove and that the market has more than the usual support despite poor earnings reports and energy prices. The dot-bomb collapse was terrible for those who held through it but now offers certain opportunities as the crash+burn Nov-March sell-off drove many stocks down far below their "fair value". FV of course is always a matter of opinion.

Try not to criticize and just read and think about different points of view. And accept that the bull vs. bear argument is ongoing, and sometimes fierce.