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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: CharlieChina who wrote (6307)	5/8/2004 1:06:05 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 60907

Unemotional thinking is a good thing for investors and traders alike. That is about the only sane thing you have ever said. Meanwhile % change in broad markets since Feb 17 trendvue.com Your "special charts list": trendvue.com Question: Why have you not updated your "portfolio" values since April 23 when it showed a marginal profit (incorrectly calculated I might add) if 0.01%? If one takes a simplistic view (as you have done on your web site) and merely averages out of the % profit and losses of each symbol, its a loss of -8.38%. But that approach is simplistic. A more realistic approach to evaluate performance, since you are skimpy on this, is to take the profit and losses generated by a constant position size, which is what I have done. Here's the realistic appraisal, updated each day via links to live market data: trendvue.com Showing -22.23% total loss to date with some names running to > 20%, > 30% losses. Another question for you - you keep basing your market forecasts on the DOW - all you ever talk about is the DOW, but the stocks you pick are never in the DOW nor influenced by the DOW. Does not compute. History confirms this. % Change, DOW and other major indexes since early 2000. We know that the NDX/COMPX names broke down far faster than the DOW and SPX. trendvue.com In fact, I can show you other tech bear markets and corrections where NDX/COMPX lead the DOW down. In summary, you have a forecasting methodology which is not appropriate for the stocks you seem to enjoy picking; and your only approach to dealing with losses appears to be to sit through them. Historically you've been wrong at major turns (calling for a massive break down in the market almost precisely at "the" bottom). And yet you still have not learned to, unemotionally, take an if / then / else approach. A major market test is immediately before people and all you can say is "it will be fine". Yes, indeed, the market may be fine, it may bounce and that bounce may hold. And if not? You have no comment other than "I will be in the lab". LOL May. If. May not. Good words to inject into your vocabulary. Try them sometime.

To: CharlieChina who wrote (6307)	5/8/2004 8:53:17 PM
From: CharlieChina	Read Replies (2) \| Respond to of 60907

Saturday Night,… FIZZer Well,... Ive reached my desired destiny this weekend,... only to find my time has been re-allocated by Lab members until Late-Tuesday, and perhaps Wednesday of next week,... And hence, may not have the ticking time to enable,... Hence,... the charts has been updated according,... I realize the markets have been noisy and are extreme,... But, the program trading architects elect,... covert juggling data around at your expense of trading whipsawing,... however, it is all just NOISE,... nothing to be concerned with,... The program trading architects must be allowed to maneuver into May option expiration week,... its their right,... As an alternative, consider this: Be patient; Be alert; Don’t panic from normal volatility Dow days of 100 + or -; Control your emotions; Follow the ranges; And watch the FIZZ number,... 10,350,... The FIZZ number is 10,350,... stockcharts.com Have an outstanding remaining weekend, please accept by blessings to all your Moms’ on this coming Mother’s Day, “ Remember, no one loves you more than you Mother “ I will be back in about 4 or 5 days, however, if I get a chance, to break from my appointments, I will post on SI,...