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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (3883)	9/11/1998 2:31:00 AM
From: Berney	Read Replies (2) \| Respond to of 11051

MG, RE: . Trick Or Treat ! Last weekend I went to monthly charts since, clearly, the weekly charts were shattered! I get something like 17 stocks on the Big Boys within their monthly, long-term charts. That's about 25% of the total. I got to believe that buying these puppies at this point is positive. Wayne on the Value Thread does not agree with my analysis, It is a tough call. But then, I'm looking at the trend and not playing long-term. In fact, I love these sell-offs as it provides more opportunities to me and my style of investing! It's real simple -- go with the flow! I do follow you around, as others do me. I just don't like these market conditions where the totality of the day's activities is determined in the first half hour. It's really got to be tough on the daytraders. What do you make of the real short potential of the 50 DMA crossing the 200 DMA? I look at these parabolic monthly charts and feel real sorry for the buy and hold types. IMHO we are not there anymore! You got to move or you are dead! Could it be possible to do the exact opposite -- buy on the close and sell at 10:30 the next morning. Berney