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

To: Jerry Olson who wrote (34385)	4/17/2002 2:57:09 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 52237

Jerry, I continue to believe that this market will frustrate just about everyone. The only way I can see making money is waiting until things get oversold, going long, and hoping for something to pop it. My best trades this past week were buying panic and selling euphoria. I was out of my longs by 10am yesterday. The only stock that really scared me was GE. But that paid off really nicely. I think buying now, or yesterday, is a mistake. Just when things look like they're going to roll over, they don't, and we get a pop. But look at RFMD today. It gapped up and traded at 22 last night and Yahoo says it hit 23 today. I bet it doesn't see 23 again for quite some time. These are just my thoughts as I prepare to power down from teaching Austria's eager young lawyers. I am off to Munich in the morning, back on Monday. Auf Wiedersehen!