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


To: Terry Whitman who wrote (28537)1/28/2002 1:42:27 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Ouch - bailed on TXT too soon. Up another 5% today. I guess your economic recovery must be right around the corner. -g-



To: Terry Whitman who wrote (28537)1/28/2002 2:33:23 PM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Terry. Quite true. OTOH, sometimes it's good

to stand up to bashers. Although I spend relatively little time doing it anymore. Like I said earlier, who really cares anyway?! We either make money or we don't. The rest is inconsequential.

How are you positioned in this market? As I posted to Paul on SD II, I've been stopped out of some of my energy positions with a small overall net gain Friday and Today.

Temp forecasts were another ping pong match over the weekend and I see the continued failed forecasts for a deep freeze by major weather gurus like Joe Bastardi weighing on the patience of many traders.

In the broader market I've been mildly optimistic for quite awhile. But for the first time, beginning to cool off on the outlook beyond the 1st few days of Feb. And the broad market may surprise by taking everything (precious metals stocks included) down in sync, even if the overall correction isn't all that big.

Very ST? Looks mostly like flat to down into no cut decision by the Fed. Then some rally once the news is out. It's after that rally, that I'm seeing risk for the 1st significant decline of the new year.

BWTFDIK?<g>

Iso