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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (8744)2/17/1999 10:12:00 PM
From: AlienTech  Respond to of 43080
 
>>Ok...so what are you buying is the question. <<

I was looking at IO and MRL but decided I had enough pain with VVUS so decided to go with PSFT, BMCS, NETA, TMCS, LCOS.

We should see recovery in SUNW, CSCO, LU tomorrow with EMC replacing DELL as the next momo stock. But you know how much I hate making money so I wont buy any.

I still cant belive I made money in TMCS, NETA and PRGY on the long side today. whew.. PRGY was scarey as it opened at less than what i traded in/out for.



To: LastShadow who wrote (8744)2/17/1999 10:18:00 PM
From: MMK  Read Replies (2) | Respond to of 43080
 
Hi,

Let me introduce myself. I'm a lurker. I get a fix of your thread several times a day...

Seriously, I enjoy your thread and have learned a lot and need to learn much more. I am now looking for an opinion. I bought DRIV this am at 31 5/8 when the market looked better than at the end...
After looking back at the charts, I am now concerned it is a double top and may be on the way down. I picked this up for an intermediate to long hold. I like the fundamentals but am now a bit worried about the technicals.

Thanks for any opinions...MMK



To: LastShadow who wrote (8744)2/18/1999 3:51:00 AM
From: Lan Jaron  Read Replies (1) | Respond to of 43080
 
Here's what Stan Harley, the #1 market timer of Timer Digest since 1988, has to say about the market.

The market will turn positive on March 3, give or take 2 days. Harley pin pointed the July 1988 correction until the October 1988 recovery.

On a Dec 7 interview, Harley said the market will turn positive on Dec 11 or 12. It happened on Dec 11.

Stan Harley is a regular guest of Richard Saxton of Channel 22 in Los Angeles.

Good luck everyone.

Jaron



To: LastShadow who wrote (8744)2/18/1999 6:52:00 AM
From: steve goldman  Respond to of 43080
 
Not buying yet. Never buy on the first few dips. Sellers will continue to hound stocks for a while. Dont need to be the first on or off, just somewhere far from the last.
I'd look for quality, the Fords, GEs, JNJs. etc. Tech could suffer for 2, 4 months if not longer. Tech bear markets are usually very harsh, and however pronounced, turn quickly.
-Steve