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To: Venkie who wrote (10636)4/11/2003 10:56:07 AM
From: Sig  Read Replies (1) | Respond to of 13815
 
Hot Dawg
Believe I have finally cracked the brokers secret code.
Walmart sales are up. retail sales are up, consumer sentiment is up and they trash Walmart almost a dollar
They just wait for or produce good news to sucker people in, sell on the uptick, and buy back lower
Trade 3 bil shares per day. Even if people start reinvesting , the brokers will sop up that incoming money so fast it will be hard to move the markets up.
How about those defense stocks, logic says they will go up when we have to replace all that equipment,
but they are going down. Must use reverse logic to profit. So I sold CC's on Noc and RTN
Its murder out here but i stopped losing some time ago, slowly gaining confidence and experience Damn hard work.
Next step is to try to reduce the brokers fees as a percent of the trades since I am dealing in less than 200 shares often.
Regards
Sig