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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (24740)11/26/2001 9:20:18 AM
From: Trading Machine  Respond to of 52237
 
Lee, I've had the predecessor to the IR compressor made by DeVilbis for about three years now and believe you me, I am sure glad I finally splurged. I have run several lessor compressors into the proverbial ground but this one is great. I now have several air tools, and they are unstoppable.

RE: the economy and recovery efforts. Don't you recognize CHURNING on a grand scale?? ggggg How else can Goldman and ML stay in business? Run 'em up and sell 'em off - sounds like an old Rawhide western. gggg

I am stymied because I blew my entry point several weeks ago and haven't had another since. Normally my indicators line up with Don's class buys and sells. Now my indicators almost get there but "not quite" and because I'm being super conservative now, I don't get an entry point. Since I have never seen the time when the indicators I use didn't work, even in a down trending market, I just assume that the Fed is buying a lot of stock. I will also assume that these guys know and understand the math behind the indicators and can (and do) buy selected stocks at selected times to skew the indicators.

I heard one of the guys on the trading floor Art Cashin (sp) whos opinion I respect a lot, and he said that this didn't look like a return of the bull to him, just a normal rally. The implication being that he was expecting some sort of a pull back, as with any rally. This is my read, not his words. BWDIK? ggg

Sittin' in cash waitin'!!! ggg

Good luck,

Remember Always 9/11/01

Paul K.

PS: Dunno about Ruby rings - can you use them to sand with? gggg