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To: waverider who wrote (5640)	11/28/1998 10:34:00 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 14427

Diamond - Hope you had a nice Thanksgiving in your new kitchen! I have realized that I listened to too much noise. CNBC is now on mute (still have it on though). I've been taking this opportunity to study where I went wrong and what I can do about it. I feel as if I missed one of the best chances to get in on the bottom floor. As if I have fallen off the horse- time to get back on. Having said that, the market always has chances. One has to discover how to find those opportunities. There are many within these threads that seem to know how to do that. And they have my greatest respect. TA, in all forms, is the key (of course, after FA <gg>). The well-known double bottom formation on the dow appears to live up to its name. After the retest of lows Oct 8, the dow has gone straight up. MACD & BB for short term for individual stock. McOsc for market. But I have taken to P&F wholeheartedly. Been doing mucho studies and gathering past info in order to help me in the future. The research is time consuming, but it is proving to be the closest thing I can find to the holy-grail. P&F is not for the day-traders, but that's ok. I've learned that I don't necessarily have the stomach for that. And it is great for timing entries into individual stocks, estimating price objectives and possible pullbacks. The trick is learning how to use it. I can't say that I have mastered that (far, far from it), but I'm working on it. HD - I know. I bought it last spring when it split @ 45. Watched it hover around there forever. Next thing I know, it's up to 50. However, I sold it shortly after I bought it with a small gain. CSCO, CREE, AMZN!! Don't even go into that!!!! Re drillers. I won't touch them for a long time. It's a sad situation for them and I think it will be a long time before they recover. JMHO - I think we'll have a little correction sometime soon, but I don't see a crash coming yet. BWDIK. Take care. challo

To: waverider who wrote (5640)	11/30/1998 8:06:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 14427

DH, I'd like to know and discover where I went wrong and how I can prevent it in the future. Blinded by conviction and failure to see the trend. The same old adage keeps coming back-- Don't fight the trend--we did. The nets may be nuts, but we missed the rocket. The market told us it wanted to take these tulips to the sky. We should've listened and gotten a ride. Could have gotten off anytime. Too late? Who knows? The tops and bottoms are hard to play. Will wait now and see which way we'll go. As Thean said, the market is a 100 car train--unless it derails, it tends to head in one direction until a whole bunch of things happen to make it stop and go the other way. Once it gains momentum going the other way, the same thing happens. Greenspan derailed the fall. Who or what's gonna derail the rise? Don't really ask why, just take what the market gives you--we didn't. Who the heck really knows what's going to happen on a short term basis? No one---ok, maybe Greenspan and Rubin, but that's about it. I keep making the same mistakes, also. Oh, well, live and learn. The market always gives you another chance. Good luck. mike