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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ1065 who wrote (62840)7/27/2002 3:04:31 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 208838
 
...the thing i feel most
comfortable with at this point...is to just not make
too many plans right now...


That is probably the best plan I have heard yet.

Both the DOW and the NYSE hit those extremely low levels. I think that this further supports what Kevin was saying about the three letter stocks being safe for now. I guess I might have to lighten up on those shorts here pretty soon:-)

I am still viewing any rally as a bear market rally. I believe we are a long way off from "the" bottom.

BTW: I am self taught on the RSI stuff. So there are probably better sources to get the whole picture. I just learn enough to suit my needs.



To: SusieQ1065 who wrote (62840)7/27/2002 3:18:35 PM
From: SirRealist  Respond to of 208838
 
Smart final conclusion. Considering the scenarios helps one be prepared, but ultimately, success in this churn is completely momo.

But I'm thinking long HL (2.25-3.35)and short INFA (6.75-4.50) this week. It's not THE plan; just a possibility if the momo is with us.