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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Slagle who wrote (62872)	4/27/2005 11:42:10 AM
From: shades	Read Replies (1) \| Respond to of 74559

Yah I hear you on PHIL - he still lies about BUD, and the WIZ said he shorted X on fundamentals because of a barrons report on china being a net exporter - that is not following the charts eh? hehe - and further on the WIZ - he recommended VLCCF yesterday as a good long term hold - but today it is down - that doesn't mean he was wrong - he did say it was good for the long term - but you could have bought it cheap this morning - were you able to get out my friend - did you have stops in place? Listening at the shows here over the web are helping me learn some stuff - this has been the best audio resource I have found on the web. businesstalkradio.net

To: Slagle who wrote (62872)	4/27/2005 4:09:07 PM
From: shades	Read Replies (1) \| Respond to of 74559

Listening at phil again, claimed he bought BUD at 45.50 AGAIN - are you NUTS! Said he bought IBM at the low - but looking at his INstant Analyst chart IBM still red - NO FUEL - doesn't he say you got to buy when it is green and the fuel is in it? He is confusing me now. I mean he says he draws support from where it was 2 years ago - hell, if you are going to say that - why not 10 years or 20 years ago when it was 20 or 40 bucks? How is that science? He did say they would rally the bkx.x and KBH does look from his FUEL gauge that it is time for a big short starting now lasting several months no? Looking at BJS in instant analyst - it looks GREEN to me with lots of FUEL - that one is ready to take off according to that software no? As for the credit cards, yah I have some friends that bought 30K bowling balls and 40K bluejeans - clothes and food could only be bought on thier 8 citi credit cards. Medicine for their parents too - with the new laws, it will be interesting to see them fund thier food, blue jeans, and prozac and cholesterol medicine. I was very tempted to jump into VLCCF after it dropped and started turning up on the 1 minute chart - that would have put me in at 41.69 - but I just feel the whole market is going down and want to wait for even better deals - but MOO said we are going up from here - this is the bottom.