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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (49801)4/10/2002 6:03:21 PM
From: LTK007  Respond to of 99280
 
repost --as i don't want this missed, as this fello is sharp
<<Laszlo Biringyi--a fellow i have learned to LISTEN too when it comes to TREND matters. Has just given hard advice for trend players. He sees a trendless market for the rest of the year. For swing traders, you have to be good, and if you get 10-15% gain don't be afraid to BAIL.
He also says the BUY/SELL programs are making matters hell, so if you want any peace,AVOID large caps, they are being run by the computers.(exactly what i have been saying:) For the investor he says just buy stocks that give dividend Protection and named, Eastman Kodak,Alliance capital,Phillips Petro and "something else".
He says, no one seems to be buying the recovery spiel.If you went by projections given it would be a buy the market, but it is NOT being bought and that's the reality.Biringyi is a great believer in DON"T fight the tape. Max >> p.s. i agree with 4thofJuly you can play well beyound 10-15% on swings if trend is more than an eye-blink; but i feel Biringyi was giving cautious counsel as he was on Bloomberg TV.