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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (13184)4/10/2002 8:22:38 AM
From: gravity rules  Read Replies (1) | Respond to of 23153
 
RAD...another position. That's a strong statement of confidence. Jim Cash called CBZ to our attention. Take a look at that chart. CMGI showing some signs of strength. CREE and PMCS look depressing. CREE is either forming the mother of all bottoms or will stop me out with earnings tomorrow. May reduce some today.

KB
I have only one short position here. F. It is a long term hold for me. MRVL is on my list for late May or June. Lucky? This year I'm as lucky as a double @#&*%( billy goat.

Should be an interesting 3-4 days trading. Good luck all.



To: chowder who wrote (13184)4/10/2002 4:45:46 PM
From: chowder  Read Replies (4) | Respond to of 23153
 
Wow! Just last night I was mentioning the NASDAQ was oversold and I thought we might see a technical bounce before the week was out.

Message 17308254

I didn't think it would be so quick! It pays to keep an open mind.

The day before yesterday, I mentioned I thought the OEX would move forward. It took two days but it bounced nicely today.

And my retail call last week? Straight up! Within two days of my call too.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

And people will still question the validity of technical analysis. One would have to admit, the accuracy and timing of these calls have been excellent.

PVN closed at a high of the day. I mentioned last week that $7.50 would be a good entry level.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G

I'm of the opinion that now is the time to commit some more cash to the market. I think it needs to be diversified though. I have some retail, semi's, financial's, telecom and technology, (yeah technology, I bought HWP today when it showed weakness and it finished near its high of the day.) I still don't own any energy.

For those who don't think the timing is right, you may be correct, but we saw more than short covering today. We saw new cash coming into the market in a big way. The money was going into the big cap stocks. Someone is positioning themselves for an economic recovery.

My pet monkey Sivle is back from Disney World and he's doing the Texas Two Step in celebration of his timing calls.

dabum

PS - Willing to play it short term if I need to.