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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (2388)	5/31/2001 8:08:51 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 5893

just some thoughts this am... Morning everyone.. just a short note to say hi, and tell you about a couple of things i am watching and thinking about... first of all, i have become a much better market timer, with the help of P&F and Chuck Carpino....as many of you who are in the real time room know, we have used him for over 1 1/2 years now... His calls have been nothing short of amazing...so anyone that scoffs at this persons abilities is making a serious mistake...especially if they never used him before... Next i have been getting additonal help from Tom Dorsey, who has added several NEW and improved P&F indicators in conjunction with the VIX and VXN indexs... I am absolutely excited about these newer tools to aid us in trading the trends better, and utilizing swing and position type trades rather than just scalping all day..more over...if you separate some funds from daytrading, into position type trading, i'll feel your profits will grow faster with less stress... while we all will continue to daytrade as needed...i want to begin to concentrate on longer type trades for bigger money... here' is Chuck Carpino's url....https://www.stocktimefactor.com/subscriberentry/index.html you can do what you wish but i think you'll be sorry if you do not include this persons work in yours...as for P&F, well you all know how i feel about that TA...i implore you to go to the dorsey site and begin to learn the TA..www.dorseywright.com...you'll never regret it...i sure haven''t... I am launching my weekly newsletter service this Sunday nite...you can sign up for it on my site...i will have archives of all the weekly newsletter along with a complete educational trading area for new and old traders alike to read at your leisure...the fee is $40 per month, for the weekly service... i am seeing a lot of new people in our room, that are not trading properly...i think some classes would help those folks unable to grasp what their doing and why..Maybe Marketeye can teach one or two, and maybe i will too...there are a lot of newbies in the room, i can tell by the way they are posting there... since i have my site set up again, i will start to show charts for the troops both candle and P&F...Oh and BTW, I have spoken to Tom Dorsey, as time permits he has agreed to stop in the Real Time Room, to help anyone with P&F and answer some stock questions too...He's a stand up guy, straight forward in his answers too, as seen on CNBC... Currently we are going to bounce here i think,,a shortable bounce...watch 2050 NAZ...1240ish SPX..10,800 DOW for now...we are now short term oversold...but longer term very overbought still.. I called the bottom in April, and i just called the top last week as well... I am seeing things better than ever now...My downside target on the VIX called a month or so ago hit that 23 number right on the nose..now with other indicators to help time these moves better, maybe i can help us make EVEN MORE money as we move forward<G>...MORE is BETTER this is my new thread header..i changed the name...http://www.siliconinvestor.com/subject.aspx?subjectid=50660 i am thinking more as an investor soon...so i want people to understand where i'm coming from..i think most people need to relax when investing or trading...and i can help anyone do just that... if you wish to see what the newsletter format will be just e-mail me and i'll set you up... as for the real time trading room, you can e-mail Marketeye direct he;s handling that end of the game for us right now...your password will come from him so you need to get on his e-mail list... netrader@mindsping.com...the room is free and staying free....it's great to see the same shining faces in there from so long ago, and now a lot of newer peole have come in as well..and nice eclectic mix...i will be in the room early each day, and late..no more doldrums for me..i am going out and about for the entire summer.... everyone..please do not fightthe trend...either intraday or longer term..it will kill you...preserve capital becuase when this market turns up for good, it will be one crazy upside panic, like we HAVE seen before...excesses in this market are wonderful for us to trade..ya gotta love it... anyway..have a nice day today and everyday..i covered all my shorts yesterday....i am thinking here we should be buying FUEL CELL's and energy type stocks as position trades...the summer is just around the corner...i'll talk about them in my letter Sunday Nite.. best regards jerry.. ps...i am going to open a P&F class room on Paltalk soon, so we can get together to discuss using this charting in your trading life... Jerry Olson Master Class Trader... buyitbuyitsellitsellit.com