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To: marc chatman who wrote (17873)4/3/1998 9:54:00 AM
From: waverider  Respond to of 95453
 
Ah, what a wonderful morning. All our favorite stocks are up. I got up this morning early enough to read all our posts before work. Loan rates are down (I'm locking in my refi this afternoon). It's Friday. I replaced my FGII calls yesterday that I sold on Tuesday. I found a clean pair of socks. Ron is back in the market. Sites still set on that party.

Ah, so nice to have a place to share the joys of life. My bet is that today is going to be very nice to us.

Rick Hydrocarbon



To: marc chatman who wrote (17873)4/3/1998 10:11:00 AM
From: RGinPG  Read Replies (4) | Respond to of 95453
 
Me too. Better to admit you're wrong about being wrong, than to be left out in the cold.

<TA> Does anyone really care what the stochastics say anymore? I kinda do. The significant thing is that I got the first false sell signal in six months on the >80% <80% stochastic trading system. The last false sell signal was followed by a very nice rally. After yesterday's action, the stochastics are going sideways in the overbought range for the first time since September of '97.

You can say whatever you want about Stochastics and other indicators, but you have to agree that the price action the last couple of weeks is VERY different than what we had been getting used to the last few months. And different is definitely good.

You know what's funny? I thought I would sleep better being 100% in cash, but I hardly slept at all. I slept like a baby last night being 80% invested. (Just wish I was 125% invested again, it's just never good enough is it?)