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


To: MonsieurGonzo who wrote (5325)1/31/1999 2:07:00 AM
From: Berney  Read Replies (1) | Respond to of 11051
 
MG. Everyone is tucked in again.

A wonderful day on the water. Clear skies and temperature in the mid-80's. We rented a boat and toured the area. An absolutely great day!

I'm really enjoying watching your watch-list transform. I play my game (and I think I've PM'd all the dudes now to let them know the scope of the game), but I equally recognize that there are a multitude of ways to approach Mr. Market. The key is to find a solution that seems to work and that fits the investor's personality.

I posted the "break-out" or "fake-out" question, as I'm always entertained by the number of negative posts on SI when it is simply not supported by the charts that I'm looking at. We got some folks on SI that I respect that are placing serious bets that the market is going down. It just doesn't fit the seasonality factor.

On the other side of the equation, I would respectfully submit that it doesn't appear to me that we can maintain the Big Mo. I run a 25 day MA on the NY adv/dec issues, and it has been negative since 1/12. I posted in late Dec that I had 2/7 circled on my calendar -- we are getting close. In the meantime, I say let's make hay while the sun shines, but watch OEX 636. I profess to believe that as long as we stay above it, all is well in the land of OZ.

Berney