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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (4428)12/27/1997 4:44:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 42787
 
Chris,

I had peperroni pizza for lunch. We're having steaks on the barbee tonight.

I use CBS Marketwatch charts, the chart I posted, not much else. I don't feel I need more than that. Too many indicators can actually confuse and confound things. I use the pitchfork, trading cycles, and chart patterns. I've been doing this for about 20 years and retired early. Forgive me for saying, but I made a fortune. I was short the SP's for the entire 1987 crash. I bought a variety of stocks dirt cheap all that week and held them for ten years. I liquidated most all of them this past summer. I bought bond futures at 6.55% basis the cash. I trade bonds regularly. I'm in cash and get a good bang for the buck with futures since I make out on the price movement and the interest earned on the available cash, much like double dipping. I've had the same Merrill Lynch broker since 1987 even though I never ask him for an opinion.

There's the old saying, if it works, don't fix it. Well, whatever I'm doing is working, I honestly don't want to look at any additional indicators. I hope I don't sound arrogant.

GZ