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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (27226)	6/12/2001 3:07:17 PM
From: Softechie	Respond to of 37746

Buy on rumors and sell on news. It's the market.

To: Electric who wrote (27226)	6/12/2001 3:07:23 PM
From: Jim Spitz	Read Replies (2) \| Respond to of 37746

Electric, I personally am not calling a bottom, but I often use FUTS to trigger ins and outs of positions both long and short. It looks, for now, like the market is turning. For how long? I won't guess, but FUTS shows where the market is headed. We were negative from the get-go today and just went green. OK, it is slightly red at the moment, but that was a large swing during the day. Maybe the market just feels like it has dropped enough...for now. Of course, long or short, it helps to pick stocks with stories that will help propel them in the direction you desire. Stay in the Black! jimS

To: Electric who wrote (27226)	6/12/2001 3:32:11 PM
From: Ron Dior	Read Replies (3) \| Respond to of 37746

For all those calling a short term bottom, what is the catalyst for this being a bottom? Did a company come out and say they are raising forcasts for the next quarter? Did we receive economic numbers that say we are getting closer to the end of this down turn? Did the fed say they are going to keep easing for the next year? Bottoms don't occur from news getting better. They occur from news not getting any worse. By the time the news is positive the stocks will have already risen 20%. The question you should be looking to answer is "Will the economy get any worse?". Just a thought...... Ron Dior