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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (15204)3/8/1999 6:30:00 PM
From: Jerry Olson  Read Replies (2) | Respond to of 34811
 
Hi Bruce.....

well i can say with all candor...that with all the "very prudent" people on this thread...incl you & Janie and TD...i do watch what i'm doing...

however, having said that...i still like to play on the long side for a trade or 2...bought AOL/GTW/...looked hard at YHOO-EMC-BRCM-NSCP...

but held off..so Bruce i'm being careful not to dive in too too hard...i would like to see 1 more indicator turn positive..

i feel some have bottomed...of course "NO guessing"<g>...

take a peek at 4-5 and let me know what you think....thanks

YOUR Pal, OJ.......



To: Bwe who wrote (15204)3/8/1999 7:54:00 PM
From: Giordano Bruno  Respond to of 34811
 
Thanks for the post Bruce. 1 interesting excerpt...

We just finished a quarter when "real" GDP soared at a quarterly rate over 6%, and because of pricing pressure and wage increases, earnings for the S & P 500 declined from year ago quarters for the last two quarters of 1998. Can you imagine what would happen to earnings if "real" GDP just declined to a level of 2%? That is the big "fly-in-the-ointment" in our opinion.

Let's dig up those history books Jan.

Jim