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To: Kevin who wrote (32514)1/8/1998 2:24:00 PM
From: randy kay  Respond to of 58727
 
HERE'S AN INTERESTING BULL/BEAR RATIO. On Jan 6th, about market top, there were only 2 posts on Mohans thread during trading hours. This might be something to watch for in the future.

Randy



To: Kevin who wrote (32514)1/8/1998 2:26:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
"Now now lisa...that was only October that I said that. I took a hit of 40-50K on
some very DEAD equity trades. However, some very SWEET index trades made
October one of my most profitable months of '97."

You couldnt have made MY point any better....

you dont use the same tools on the index trades do you...but they made up for your stock trades didnt they...

so MF and fundamentals are no more than educated guessing tools and arent always correct.... DELL, INTC, CPQ, TXN, CUBE, etc etc etc ...
you bought into TXN right before the bottom dropped out of it.

sometimes your tools are VERY RIGHT and sometimes they are VERY WRONG...

they are no more than tools and arent the end all be all and anything more than just educated guesses... no matter how educated.

but then I am the direct and honest type and dont like to shade things...I will leave you to your Shangra la and let you think of them however you want...far be it from me to inject reality.