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To: mishedlo who wrote (89560)1/17/2004 7:25:45 PM
From: The Freep  Read Replies (1) | Respond to of 209892
 
Hey, Mish... anything any of us can trade and make money is goooood. And if you can do it without having to hold your nose and pray, welllll, even better.

One thing I'm having trouble with is that I just can't find bearish charts to support bearish views. Now, charts can TURN bearish, it's true, but what index is gonna lead the down based on what you see right now? There's gonna be down, no question. Whenever this wave up finishes, we all want to be short for sure, cuz at worst we correct just this leg, and that'd be good, but we could correct from March, and that would be a well worth playing. But this is where Allan's "bite the middle" strategy will save you from being in too soon. So far, I think that's saved me more money than all my other TA combined!

the freep



To: mishedlo who wrote (89560)1/17/2004 7:28:34 PM
From: orkrious  Read Replies (1) | Respond to of 209892
 
I read russell every night. he never said we are halfway there. he said lowry's said buying power crossed selling power, or something like that. he said historically, that has meant we are halfway there, but he didn't say we are going there.

he hasn't missed the rally either. he has played some of it with a very small position in DIA's. he basically tells subscribers it's risky, but the market is strong. if you want to play take a small position in diamonds with a good stop. his big thing is gold.