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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kollmhn who wrote (41085)	3/30/2005 6:17:53 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 206323

Kmeister, I never know what to do with analysts' upgrades and downgrades, since I don't trust the information they work off of, and don't actually trust how the analysts do their work. So it makes it a derivative of a derivative. What I like about my method of scanning, where your universe is a set of sectors (239 sectors, listed by sector and subsector), is you can see, literally within a few seconds, which sectors are rising, breaking out, falling. Yesterday at one point, breakdowns outnumbered breakouts on 20 day patterns over 15 to 1. Anyone trying to swim against the tide then needed to be in the top stock in one of the few sectors breaking out. As I noted, too, you can just go down and read which sectors are strong (5 strong sectors and 3 of them are toys!!!) and see how the more substantial sectors are being taken to the woodshed for some major corporal punishment--this can tell you a lot about the psychology of the market, right now. Kb