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

To: StockOperator who wrote (33082)	3/25/2002 11:22:34 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 52237

SO, well stated I've Never been wrong about a call I did'nt make<g>, likewise I've never been right about one I did'nt amke either....call em as we see em and act accordingly. I simply don't believe the hype regardless of what the 15min or the weekly's say, this market/financial system is rifew with problem yet the musical chairs continue...whatever happened to ENRON? did it just go away...too much smoke and mirrors going on at the highest level and I don't like like it and I can't see it continuing...every nation that has tried to conquer the world has failed and I doubt our new world order will fair much better.... absolute power..... sorry for the rant...

To: StockOperator who wrote (33082)	3/25/2002 11:53:55 PM
From: sandeep	Read Replies (1) \| Respond to of 52237

SO, you should let the technicals guide you. Stop trying to read too much into why things are the way they are. Also, stop covering your a$$ that much - you deserve pardons for mistakes just like the rest of us...

To: StockOperator who wrote (33082)	3/25/2002 11:59:00 PM
From: TechTrader42	Respond to of 52237

An interesting note, StockOperator. Thanks for posting it. I share your view to some extent. I do believe one has to stick to one's own analysis. Not that it's any better than the analysis of others, necessarily -- but it's the only analysis one can follow with complete understanding and flexibility. Relying on a guru's signals is like a group parachute jump, when only the leader has a parachute. We can learn from the analysis of others, but we need to develop our own systems and signals. I don't think good analysis can be based on gut feelings, which are often just plain wrong. When someone says, "I feel the market is going to go up from here," it'll more than likely go down, and vice versa. I think good analysis basically comes down to numbers. And good trading comes down to a readiness to be wrong. (Not that I'm a good trader. I make the same mistakes everyone else makes -- all the time.)

To: StockOperator who wrote (33082)	4/4/2002 4:00:19 PM
From: StockOperator	Read Replies (1) \| Respond to of 52237

The key thing to remember here is how all the street was on the same page. Bloch, Batman, Bollinger, Cohen, Applegate, Reilly, ... technicians and fundies alike. Everyone singing the same tune. To include the joe on the street. All aligned with the same market outlook. Things seldom play out the way the masses predict. This market doesn't have an apple in its mouth quite yet but I can tell you that to be long any kind of serious money here could be very hazardous to your wealth. That last rally was just what it took to suck the little guy off the sidelines. Before the latest rally, (one that I did not see coming) my mantra was that stocks like QCOM, VRSN, AOL, would lead us lower for the year. I absolutely hated the structure of CHKP at 30 and made comments here, afterwhich they ran it up to 38 along with every other tech stock. Look at CHKP today 20. I have missed some of these wiggles. But the long term trends are playing out. The bottom line is stocks are going to be under huge pressure all year. Stocks like ORCL, DIS, and HWP are ready to fall off a cliff. You want to see what potentially could be the next BMY. Take a look at LLY. Looks like it could get killed here. HGSI and CHIR two bios that will be facing huge pressure all year. The same applies to stocks like NOK, AOL, CRUS, MUSE, MERQ, JNPR, PWER, KEI, IONA, SFA....All these stocks represent a wide spectrum of tech and bios. There are going to be wiggles along the way. But the biggest threat to nasty surprises in stock prices will play out over the next eight to twelve weeks. Good luck trading. SO