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To: Beachside Bill who wrote (47970)5/1/2003 4:40:33 PM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
impressive recovery rally today. GNSS sold off sharply AH on earnings report, didn't seem that bad, but market didn't like it. sold Zshares and some personal the other day, not looking to jump back in. larry



To: Beachside Bill who wrote (47970)5/1/2003 10:49:13 PM
From: aniela  Respond to of 53068
 
Bill,

Thank you for your comments. I do trade using TA and FA
but to a point and just the usual tools. I am not too interested in developing new "formulas" mostly because I am basically your standard tape watcher. I know my support,
resistance levels and watch the same stocks most of the time. That's why I do not really invest long term: I would have to do some serious DD and trust it !

As for the IPP's. I was trading them for 3 months or so now
and they did have a great run. I am with Larry on that one though: there is more to come. I feel this way because
I do believe that the economy and the markets are coming back starting in the fall and that summer is likely going to be good for this sector. Just a feeling though: I am not ready to bet a farm on that or buy a truckload of anything here. Will be rather careful.

But the market comeback today was something tremendous to watch !!! I could not believe the tape. Some say it was due to Globex or Bin Laden rumor but ... I do not know.
Someone is buying and many stocks (good ones) are at their highs and holding the gains.

wiesia