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

To: TraderXx who wrote (21935)	7/28/2001 11:42:32 AM
From: westpacific	Respond to of 30051

TraderXX - who says I do not use techincal analysis, this is how I can make my longer term BEAR call. And as far as getting wiped out in this market, well my friend I have beaten 80% of mutual fund managers this year. Arrogance - no the BULLS are arrogant, to ignore facts - the facts are all out there for anyone willing to take the time to find them. As for newsletters - it never hurts to get another traders point of view and review their technical charts to back up what you are seeing in the charts. Maybe you should be a little less cheap and spend some of that hoard of yours to do the same and me more educated in the process. It seems education is not in your vocabulary. And since I do read so many newsletters and use top notch trading tools that costs a bundle on a monthly basis - maybe you should read my posts instead of insulting me. Arrogance - turn on CNBC, listen to all the lying CEOs, anal ysts, brokers - the whole pile of scum that is not speaking truth to the American public. Have you been reading some of the price targets lately. One comes to mind QCOM $80 target - give me a break, I would be selling that overvalued pig. And like Zeev I am a Bull, hate the bear times in the market, but reality is more important. Being a bear is not my cup of tea, but to hold stocks long in this market overnight is just outright risky for one more year IMO. Thus I believe one should have good bonds, treasuries or even a euro hedge until this bear cycle plays out. Until then we have to trade what we see and just let it run its course. Anyone that thinks that the bottom is in is wrong - and that is just my opinion. (and maybe I am proven wrong - only time will tell). Any how All the best to you West