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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (71116)6/10/2005 11:48:35 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Whatever works! I'm a LONG term investor, which basically
means that I take positions for time frames > 3 months -vbg-
You heard Vi mentioning why (the markets are too efficient).
So, this is an "out" market for me, so that's exactly what I'm
doing -g- DOW < 10400 will get me in short.

Now, these folks getting long NAS Yesterday or today on a
classic technical outside reversal day (UP!) are getting
whipsawed, or REALmanned today. According to many respected
TA folks, in a non-trending markets you need to stay out until
a clear signal is given. Such markets don't last forever -g-



To: William H Huebl who wrote (71116)6/10/2005 3:13:57 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
With $6 billion in securities lending today, I'm surprised the
market is down. That will be remedied by the close.


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