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To: skinowski who wrote (121899)7/12/2005 12:56:34 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
Yeah, I think the miners look fine for now. I don't believe this is the big move which launches the cycle (3) up, but in the near-term the trend is up anyway. I ain't playing it, there are stronger trends out there.

Just looked at my account and these last couple of months have actually been the best I have ever had, including 1999. And it all started the day we entered that IWM long, May 13th. Overall it actually has been as strong a slab of uptrend as we've had during the entire cyclical bull notwithstanding the initial move, as long as you weren't in large cap non-tech.



To: skinowski who wrote (121899)7/12/2005 3:33:04 AM
From: Moominoid  Respond to of 209892
 
Nice chart:

stockcharts.com[w,a]daclyyay[df][pb5!d144,2][vc60][iLb14!Lh14,3]&pref=G

:)



To: skinowski who wrote (121899)7/12/2005 11:13:41 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
I figure GOOG is now in the C wave of the decline from $309. I was puzzling about what it was doing and then I suddenly realized it could be an ED. I'm revising the target for the low to $275, with a Friday close at $280.


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