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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (23801)2/23/1999 11:22:00 PM
From: Winegrower  Respond to of 50167
 
Hello Iqbal.

In the past you have talked about the dd sector. Do you see this pullback as a time to enter the sector? Would you use the index or individual issues like rdrt, wdc, seg et. when the entry time is right.

Thank you,

potterj



To: IQBAL LATIF who wrote (23801)2/24/1999 12:11:00 AM
From: Paul R. Drahota  Respond to of 50167
 
IQBAL LATIF, thankyou for your response! I agree in keeping a happy medium or keep it simple using basic indicators, trendlines, support/
resistance etc. I Didn't know for sure how or what you were using in
your analysis. I see now where you are coming from. From my experience if I become to complex, it does back fire. What it came down to for me was (full circle)...back to basics. At times when situations are basic, people overlooked it. It doesn't appear obvious. One has to step back and look at the whole picture to perceive a different perspective as well as taking time off and then to come back with different and new ideas. Seems like almost every morning when I awake, new ideas that I never thought of the previous day comes to mind.
I agree about the external influences such as the like (CNBC etc.)
What really seems to matter is:
- Inflation
- Interest rates
- Dollar value
- A/D line (somewhat accurate- lots of dogs and cats though)
- World market trends
- New Hi/Low ind.
- Corporate earnings
- Sector or index strength and weaknesses
- Economic forecasts
- Etc....
Yes, keep it simple, however there is a lot to consider as well.
Although I have impressions that a lot of info. flows through
your mind judging from your back ground in education in your decision process, economics etc. Boggles my mind. In my opinion, with all due
respects you have the upper hand which helps tremendously.
Good luck and I hope you will continue to host and share your very valuable insights.
Paul D.