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To: Trey McAtee who wrote (57316)11/12/1998 6:10:00 AM
From: stockycd  Respond to of 58727
 
Trey and all,
For those of us completely addicted to the "INDEX UPDATE", here are some well spoken words from our fearless leader...

Message 6382727

chris




To: Trey McAtee who wrote (57316)11/12/1998 7:05:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 58727
 
Morning Trey Re liquidity mantra

I very clearly understand that liquidity is not a good reason for the market to go up.

However, I've tried to educate the market before .. it hurts the pocket.

With your logic it would make sense to be 100% cash (or gold coins).

Yes .. it shouldn't be moving up so hard .. but it does .. now what?

Some day it'll fall .. OK, what about between now and then?

Gersh (75% cash until after the FOMC at least)



To: Trey McAtee who wrote (57316)11/12/1998 8:00:00 AM
From: HairBall  Read Replies (3) | Respond to of 58727
 
Trey: I posted donald Wednesday AM and received no response. I also linked my post to you to him on the BK thread, no response so far.

I know he is posting on the BK thread more often than TSO as of late.

TSO is drying up...where are you GURUS?

If "if", this Bull Flag holds formation, I expect a similar pullback as before. Then a brief topping rally with maybe the previous Ascending Support Dow Bull Trend line from 94/95 to the July top of this year to be the final resistance. (Plot out daily Dow Chart and draw ascending trend line using the lows as guide. I would ignore spikes and use bottoming clusters of lows as guides.)

Then we head back down and possibly retest, maybe more. But, I need my Indicators to support that...<g>

EDIT: I am not posting for EGO. I started posting the TSO and BK threads because I liked the company. I thought the crowd pretty darn smart. I post for others to agree or disagree with my expectations, not for back slaps. If I get no response with supporting arguments pro or con, I have no reason to post. You see, I already know my position, I want to know yours! That is what helps me confirm or rethink my strategy.

So Comments please...<g>

BWDIK
Regards,
LG