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

To: Berney who wrote (76981)	5/14/2001 9:11:28 AM
From: mishedlo	Read Replies (1) \| Respond to of 99985

Frankly, my little Phleet is mostly in retirement plans, so I cannot be short or leveraged. Bernie you can do options in an IRA although you can not short. I buy puts & calls all the time in my IRA at Fidelity. M

To: Berney who wrote (76981)	5/14/2001 10:34:33 AM
From: eichler	Read Replies (1) \| Respond to of 99985

Berney, I enjoyed reading those two responses to AS. You are one savvy trader and I believe your posture of caution and uncertainty is quite level-headed. I think the best part of AS's posts is that very worthwhile responses with intelligent market wisdom have been generated.... helps to make up for the monotony and one-sidedness of his posts. Thanks! Regards, Eichler

To: Berney who wrote (76981)	5/14/2001 11:39:27 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Hi Berney .. Thought I might post this one over here, given the context of IBM and the DJIA .. homestead.com values for today: upper 10857.97 center 9651.53 lower 8445.093 slope -26.23 points per day

To: Berney who wrote (76981)	5/14/2001 12:16:46 PM
From: American Spirit	Read Replies (3) \| Respond to of 99985

Stick to your plan. We are always at the mercy of timing. Should have sold a few sessions ago but took my profits (and a few losses) at open this morning not liking the action. Holding oils, VZ and a few others and going on vacation. Now watch everything I sold pop back. LOL Shake-out and profit-taking on techs is already uncovering excellent bargains. Hope they're still around when I get back from Europe. Yes, Ben Graham was the father of T+A. Interesting enough though the three investors in his family I know have had mixed to bad luck, including several high-cost bankruptcies, failed IPO's etc. and none of them able to build on their ewalth despite their pedigree. I also have a friend in the Dow Jones family who's had similar bad luck. Just goes to show you, there are no rules, access or special degrees which guarantee success. Risk is the same for everyone and no matter how much sense a deal or investment makes it can fail. Or succeed. And a lot depends on when you cash out. Buffett is a great businessman but also missed the entire bull run until this year. He doesn't buy tech at all and tech remains our premiere growth industry though it is a bearish period now after a crash. Good luck to you. I gave back some of my recent gains but remains up 45% for April-May instead of 65% where I'd hoped to be by this time. I mistakedly expected a nice rally going into this Fed meeting and apologize to those who followed my lead. My mistake, the market often counteracts any investment ideas which become the consensus. Therefore, we are in a quandry. To jump ahead of the current action-mentality, cash out while the going is good or to go with the flow and maybe have to cash out when everyone else is at lower prices. We play and sometimes we pay. And the game goes on. The stocks that are down today may very well be up nicely within a week. But I'm mainly out for now.