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To: Berney who wrote (3591)	8/25/1998 12:06:00 AM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

Berney; RE:" Chat 'n Chew " >F... The current PE is not real... Always nice to have a F/A pro in the sandbox, Berney - glad dis guy's on our* side !* >I've asked James Hopkins on the BK thread for a link to the composition of the HFX.X. It's one of those he likes to follow. I see a down trend line to just under 400 and an up trend coming up to about 392? Severe resistance at 400, and quickly approaching an apex. Going to be interesting very soon... Indeed so! If the damn thing drifts down to ~380 neckline, we be talkin' about a ~350 downside target on the BigBoys upon a Head & Shoulders formation break-down. >I look at the financials (i.e., TRV) and just shake my head. It's hard to believe its taken the hit it has. And the brokers, whoa! The regionals are back where they started last November. I just keep waiting to see some life in their stock. It's been a long wait. I just don't believe this market will go up without the financials participating. agreed; you put it well the other day, Berney; something like, "one weak leg in a tripod... hard to stand on..." But that's one reason why I am still accumulating NF.X sector BigBoys along with DRG.X and RLX.X, Berney - if the legs do fail - it doesn't matter anyway - everything will go down. Ever play Contract Bridge, Berney ? My father and I were a good team when I was in my twenties; Used the Italian Blue Team Precision bidding system, instead of Goren/American Standard. Anyhoo, when you're dealt a hand that looks, well - impossible to make the contract... what you do is look at yer cards and figger out, "well, this thing can only make one way; if the Queen is over there, and the trumps are split 4-3-3-3, etc." And you play the hand that way - the only way it can make game. I feel kinda like that now. I don't like the deal; I don't know where all the (foreign market/currency) trumps are. But if this thing (my portfolio) is gonna make game (grow), the cards gotta be... 4xTechStocks / 3xDRG.X / 2xRLX.X / 1xNF.X ...because, that's the only thing that's been working this year. -Steve

To: Berney who wrote (3591)	8/25/1998 2:24:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

Berney; RE:" Paper Airplanes " Watch the TRAN - Dow Transports Index, Berney. On the DTX.X index is a candlestick pattern called a bullish harami - in the West, we call it an "inside day". I think the PLN.X - Airline Index may bounce, soon. DAL tends to be the bellwether, regardless of market cap or F/A. TWA has a doji morning star, and is fun to play because it is so low-priced. Even FDX winkin' at us ;-) -Steve P.S. I know you'll think I'm krazy, but... IP : two morning stars on daily chart, and morning star on weekly. Damn charts' tellin' me to try to grab him at or below ~42! w-e-i-r-d

To: Berney who wrote (3591)	8/25/1998 3:07:00 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 11051

>>got a couple of friends that have been very happy with their CSCO positions. << Now Im very happy with CSCO position, and I assume I qualify as your friend, so here's my 2c of opinion: dont look at CSCO (or for that matter at anything) using linear graphs. The only natural way of looking at the market prices is logarithmic. Of course if you're working within weekly/daily/hourly universe, then it does not matter. However, if you look at CSCO my way, and you do that over two/three years, you'll see a definition of channels (sigh, interrupted by some seismics now an then), with a rather (well, I use this P-word sometimes too) predictable behaviour. Tells me, Internet rules OK. Regards. BTW I read every line you write, even if sometimes it's hard for me to follow you into details. DJ