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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (30194)6/18/2003 11:48:23 PM
From: Lone Ranger  Read Replies (2) | Respond to of 30712
 
t2,
Imo, this thread has been quiet because it was primarily a bear thread. Now that the trend changed, a lot of the prior accurate bear casters, simply have not been able to get on the right side of the market. Jeff, remarkably, has been spot on, changing at the proper time. At any rate, we are due, perhaps over due for some sort of correction and my readings have noticed further negative divergences, but as stated in my last post, up til now they have meant jack. Sooner or later they will hit but I'm sure glad I've not been shorting this mother and hoping for the eventual correction so that I can jump on the bandwagon. I got on the bandwagon way long ago<g>.



To: t2 who wrote (30194)6/19/2003 9:53:48 AM
From: JRI  Read Replies (1) | Respond to of 30712
 
(dip buying...portfolio managing)...how do you explain sell-off in late March then? If you were up big as a portfolio manager here (for the year), why wouldn't you want to play it conservative until October, and then buy in again (historically, seasonally- much better odds at more up)..

I do admit it is a tough call with this scenario vs. those desperate trying to chase performance for quarter-end...but we are talking June here (not Dec.)