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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Patric who wrote (2390)	11/24/1998 8:03:00 PM
From: Iceberg	Respond to of 39683

Patric, thank you for the clarification and referral to post # 2150. My initial reaction is that [from my experience] stocks with high relative strength, as reported in Investor's Business Daily, are generally way "overbought" from a technical perspective. That doesn't mean, however, they aren't appropriate to buy. Some folks, such as William O' Neil of IBD, seem to get a big kick out of buying stocks at high prices. I have an open mind about it, but I'm not entirely convinced that's the way to go. >I enjoyed your earlier post and took the "sarcasm" as "irony" Thank you. I suppose it was more irony than sarcasm. I didn't think of comparing those terms until you mentioned it. Sarcasm wasn't my choice of labels as a way to describe my post anyway. Another poster did that. Irony, I think, is certainly a more appropriate description of the style I used to say what I had to say. Again, thank you. Ice