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

To: tradermike_1999 who wrote (30238)	2/17/2002 11:21:12 AM
From: Chris	Respond to of 52237

excellent post.

To: tradermike_1999 who wrote (30238)	2/17/2002 11:25:11 AM
From: Chris	Read Replies (1) \| Respond to of 52237

so true that when "the media" expects one thing, the opposite occurs 1) gold stocks 2) deflation (laughable couple months ago) 3) double dip recession (some fear now this maybe true) 4) early recovery (all the ceos are shaking there heads)

To: tradermike_1999 who wrote (30238)	2/17/2002 11:27:33 AM
From: Square_Dealings	Read Replies (1) \| Respond to of 52237

At the bottom CNBC will be taken off the air and replaced by a family channel. M.

To: tradermike_1999 who wrote (30238)	2/17/2002 12:36:54 PM
From: dvdw©	Read Replies (1) \| Respond to of 52237

TraderMike You said; Until then the downtrend will remain and this will be a shorters market. I have placed most of my stops on my short sale positions to break even or near break even and will revaluate all of my positions in a few days. I will cover ones near support or that aren’t falling as fast as the rest of the market. Bears in control for 4 to 6 weeks; So which is it Mike; Why not just go on vacation, your short positions are in place and good for 4 to 6 weeks. I have an Ameritrade Account, and I didnt buy Any of those stocks you mentioned, nor did anyone I know with or without an Ameritrade account. Just goes to show you how a persons bias can take on a whole new form of generalized momentum. Hope people dont pay you for advice.

To: tradermike_1999 who wrote (30238)	2/18/2002 10:36:34 PM
From: yossarian67	Respond to of 52237

Mike--been studying the ameritrade index for quite some time. 1--yeah the Ameritrader's are much more inclined to buy/sell the bubble stocks, as they are more inclined to buy/sell the big volume days on such troubled stuff as Kmart, Enron etc....but than again so is the entire market on those days. 2---you're completely wrong about their buy/sell behavior. Ameritrader's like clockwork will sell rallies and are diehard dip buyers....from watching their action the past few years, they're horrible traders as they never seem to let their profits run, and sell on any move up(at around break even I'd surmise), while also never cutting losses, but instead adding to losing positions. which is pretty much the behavior of the lay person more or less.....so lousy trading patterns, plus way too much focus on bubble-tech and battleground stocks, BUT not buying with greed on every move up.....They sold the late '99 rally hard, and than rebought all the way down. that is the typical Ameritrader pattern, not the one you've laid out.