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

To: chowder who wrote (15639)	7/28/2002 11:17:57 AM
From: Gottfried	Read Replies (1) \| Respond to of 23153

dabum, going just by the indicator you use, INTC and MSFT are also 'in distribution'. Will any of them pull a JNJ? stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lf]&pref=G Gottfried I usually think of distribution as what happens at a top.

To: chowder who wrote (15639)	7/28/2002 11:58:23 AM
From: jim_p	Read Replies (6) \| Respond to of 23153

dabum, VIX may be high, but where do you invest??? Not health care, profits are falling?? Not financial, major uncertainty?? Not oils, fundamentals are falling?? Not tech, values are still high and the Naz does not look like a bottom is in. Not the utes, nice money flow for two days and then more debt downgrades and the sector struggles to see who survives and what impact the dead will have on the living. Not telecom, the home of the walking dead. I look around and I don't see any place to invest??? Anyone see a sector that looks attractive?? Jim

To: chowder who wrote (15639)	7/28/2002 2:21:40 PM
From: que seria	Respond to of 23153

I like to see a big divergence between the A/D line and price to confirm my FA view on a stock--more than just the falling A/D line with a falling price. This chart of Goldcorp shows real accumulation--very bullish divergence: stockcharts.com[r,a]dbclyiay[pc25!c50!c200!i!f][vc60][iUb14!Uk14!Lc5!La12,26,9!Lp14,3,3!Lf!Ll14]&pref=G I added more Goldcorp last week and if it keeps going down I'll keep adding, selling other gold stocks to do so if need be in order to stay within my (already overweight) sector allocation of ~40%. Then there's a flat A/D line for Glamis in the face of last week's selloff (not so meaningful, being short in time): stockcharts.com[r,a]dbclyiay[pc25!c50!c200!i!f][vc60][iUb14!Uk14!Lc5!La12,26,9!Lp14,3,3!Lf!Ll14]&pref=G And if gold falls hard and stays down a while, stocks such as DROOY and BGO will get much cheaper because the companies' reserves/resources are very leveraged to the price of gold: stockcharts.com[r,a]dbclyiay[pc25!c50!c200!i!f][vc60][iUb14!Uk14!Lc5!La12,26,9!Lp14,3,3!Lf!Ll14]&pref=G stockcharts.com[r,a]dbclyiay[pc25!c50!c200!i!f][vc60][iUb14!Uk14!Lc5!La12,26,9!Lp14,3,3!Lf!Ll14]&pref=G I wouldn't buy BGO or DROOY unless I believed gold was heading much higher in the not-too-distant future. I don't.

To: chowder who wrote (15639)	7/28/2002 4:17:43 PM
From: kodiak_bull	Read Replies (3) \| Respond to of 23153

DB: A very simple question (from a very simple guy): You wrote, "the institutions aren't buying here. I can't conceive the retail investor pushing these record volumes of late. Could it be that the PPT is up to their old tricks?" I need to rethink how PPT is supposed to work. I assume someone pumps liquidity into the system along with some jaw-ing of bigger institutions into taking certain actions. These methods were used to effect in the Y2K situation and to avert problems with LTCM. I don't know exactly how this works, but assume some of the wiser lights around here do. But my follow up question (see? I coulda been with the Washington Press Corps!) is: if the retail investor isn't pushing up volume, and the institutions aren't, either, then that pretty much leaves no one? Just wondering. Kb