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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (6400)8/27/1998 1:56:00 PM
From: Jorj X Mckie  Respond to of 34811
 
I have a new acronym for Jan's list; TDCID. It stands for the Tom Dietz Contrarian Indicator of the Day. Has absolutely nothing to do with P&F.

Here are my TDCID:
Dell - I wouldn't get into Dell. Too expensive, even if it is a great company. You should interpret this as "buy a boatload, it is going up $50 in the next two weeks".

Internet Stocks - I'm a believer now, they will continue on their trajectory for the foreseeable future. They've been strong during the market selloff (or less weak at least) which will give them a good foundation. You should interpret this as "sell all internet stock holdings NOW!. They are diving and it is probably too late to save my skin!".

:-)

Today seem like a good day for some levity.
Tom