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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (19137)6/28/2001 11:06:05 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Larry has its own system, and I think it works quite well in trending markets, mine is slightly different an I get whipsawed more often. My sell was a good 200 naz points above here, so reentering here is quite profitable. Just got into ABMD here at $22.60, the last time I sold it was at 23.90 or so, thus a 5% discount (if it does not reach $21.5 or so...).

Zeev



To: waverider who wrote (19137)6/28/2001 11:10:40 AM
From: Jeff Guy  Respond to of 30051
 
Hi Diamond, I have a long portfolio, but the portfolio that I use for trading the technical fluctuations crushes my long portfolio every year in good or bad markets averaging around 70 - 80 percent accuracy.



To: waverider who wrote (19137)6/28/2001 11:17:45 AM
From: TREND1  Read Replies (2) | Respond to of 30051
 
Diamond
You wrote
"Larry, you had a sell when we dropped below 2078. Well, we really didn't go much lower. From my understanding, you went to cash then. Are you thinking when you redeploy that you'll be better off than if you had just held?"

Answer: Yes
My son completed as 45 year study of the S&P 500 and a 16 year study of the nasdaq. And both systems beat the buy and hold.

Important advice for you !
Read Bob Brinker's newsletter or other source and find out about secular BULL and BEAR markets. These last 18 to 20 years. eq: 1982-2000 was secular BULL. 1969?-1982 was secular BEAR. buy and hold in secular Bear market is a loser.

Finally: It is your money ! It is your choice !
Good Luck
Larry Dudash