To: dennis michael patterson who wrote (18659 ) 1/6/1999 1:46:00 AM From: Lee Lichterman III Read Replies (1) | Respond to of 42787
All I know is I am kicking myself for not trusting my software. It told me to buy EMC, you told me to buy EMC I had a chance at a great entry this morning but figured my software is so new I better paper trade it. WOW what a pop. OK, I know now I can trust that signal. LOL I rechecked my stats and the upside is clear to about 95-96. I think I said 93 last night. Oh well, till next time. Biggest thing I got a kick out of though is PC sales release today said basically that profits are down if you read between the lines. So what did our rational market do, had a tech rally with most PC related companies having a rally. I thought I was kidding before about doing the opposite of normal to do well here but it appears that may be the secret to this market. MUEI posts disappointing news, PC report looks bad so GTW runs, AMAT and Drive makers rally. DUH !!! NVLS did well today and Electric's one looks good too. I am thinking of going into that one until I decide where to go next. I am going to ignore my buy signals on AMAT and the hard drive sector since I don't care if they go to the moon, I know that the FA there stinks. I saw the rally in that sector coming last week as I posted then but I was hoping I was wrong. Congrats on your gutsy but profitable Internet plays. I still can't believe this market is going up despite over bought status, shooting in Iraq, Japan falling, Clinton thing starting soon, etc etc etc. I guess this market won't fall until a nuke actually explodes on Wall street and even then the pacific exchange would probably see it as a buy opportunity. This is nuts. I guess the channels are over riding the signals when the two conflict. OK by me, more I can make when this thing finally turns down later. Lee