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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (17503)	8/5/1998 1:26:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 69962

Good luck on the DELL short. Seems to work out. I exited my last to longtermers this morning (GE, CSCO). My indicators show the SP500 and the NAZ short term oversold (not much though). I think both will test the 200day MAs within the next couple of days (1,046 and 1,737). I stay at the sidelines for now. Daytrading is way to stressful for me :o) Jurgen

To: Clint E. who wrote (17503)	8/5/1998 1:28:00 PM
From: mattie	Read Replies (1) \| Respond to of 69962

Clint, Good luck on Dell...I am not short Dell, but I am out of my long position. Careful though, there could be a runup prior to earnings.

To: Clint E. who wrote (17503)	8/5/1998 3:00:00 PM
From: Goldbug Guru	Read Replies (1) \| Respond to of 69962

Dow Jones is CRASHING, oh I'm sorry everyone I mean correction. ha! ha! I just can't stop laughing watching that propaganda channel CNBC, these guys are so biased and loves to blamed others for their downfall. People dumped their US STOCKS is not because of Asia, Russia, Monica, and etc.. They dump it because they finally figured it out that the dow jones is overpriced & it's time to get rid of it. The dow lost 9% from its high in such a short period, doesn't that ring a bell in anyone's mind. This bull market is a fake and 90% of the blue chips is still overpriced, but of course the propaganda channel will tell everyone that the us markets is OVERSOLD. Just look at the earnings, most of the top guns barely meet the street estimates or beat it by a cent. WOW! I could see is a buying opportunity....OVERSOLD.....BARGAIN. The earnings will only get uglier as the years goes by. You said you shorted DELL, good for you, I'm giving you a two thumbs up. Yesterday & Today is all damage control. Wall Street looks desperate and will do anything to prevent the market from fallllllllllling any further. Two market strategists Ed Kerscher at PaineWebber & Abby Joseph Cohen Goldman Sachs came out and tried to boost the investor's morale so all the grandpa & grandma will not pull out their money from the stock market. Have you noticed that the US Anal-lyst always tells the guppies to think long term. If you bought Coca-Cola back in 1987 you will have this much right now $$$$$$. One thing they don't tell the investors is that you could lose half of your investment in the long term. There's a possibility that if you invest $10,000 right now, you could end up with $7000 in your portfolio 5 years from now. The dow jones can be trading at 6000 to 7500 in the next few years. There's just too much lies & manipulation going on in the US Stock Market. All the rookies is learning, they will figure it out sooner or later.