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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: BDR who wrote (7763)	4/24/1998 10:18:00 AM
From: Oeconomicus	Read Replies (2) \| Respond to of 18691

<<Level 6 - 180 degrees (full erection) pointing straight north>> Is this how Boy Scouts learn to navigate in the woods? Actually, guys, 180 degrees would be due south. North is 360. Perhaps that's what's wrong with this market - no one knows north from south. You know, over open ocean with no land in sight, the water looks just like the sky. That's why we have instruments (OK Baldy - there's the assist - better make the lay-up). Bob PS: The market's gyro stopped spinning a long time ago and nobody bothered to get a barometric reading to adjust the altimeter. Seats may be used as a floatation device. PPS: Precession, however, is used to advantage in the erection mechanism of the altitude indicator and turn coordinator. Thus, the only gyro instrument that has precession effects that you must physically correct is the heading indicator.