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

To: Haim R. Branisteanu who wrote (15446)	4/2/1998 8:20:00 AM
From: Tommaso	Read Replies (2) \| Respond to of 94695

Haim, I really am a fundamental person, but I am dabbling in technical analysis of the market just to see if in fact it shows anything. Technical analysis of individual stocks seems pure alchemy to me, except that if a stock starts to go down right after one has bought it, it often is best to sell (which unhappily I tend not to do). I am currently firmly invested in a way that presupposes what would be catastrophe for a lot of other investors--any one of the following: inflation, deflation, stock crash, oil crisis, political disorder, terrorist action, dollar devaluation, and so forth. Personally I am covered by unlimited health insurance, fire insurance, and so forth. I finally dropped my earthquake insurance because the company would not pay if the stone veneer fell off the house and I live in an almost earthquake-free zone. Speaking of earthquakes, everyone talks about California, but did you know that one of the places in the greatest danger of huge loss of life from an earthquake is St. Louis? Totally different mechanism from California: subsidence of the crust to the south under miles-thick layers of river sediments. Actually my only optimistic investment is the one you told me about: TTELF. Oh no--there's also my Korean investment. I think they are going to straighten themselves out. I am looking forward to the day when everyone else is a pessimist. Then I can be an optimist again. I am optimistic that people will become pessimistic.