To: SliderOnTheBlack who wrote (42395 ) 4/16/1999 1:38:00 PM From: BigBull Read Replies (2) | Respond to of 95453
Slider, I know that. Me, jam on the SLIDE! Perish the thought! I well remember when there were only 2 people on this thread who were talkin global liquidity pump, and YOU know who they were. Well the results of that pump are here! This can no longer be denied or rationalized! It is a FACT that virtually ALL of the worlds bourses are now in run a way bull market mode. End of story. Case Closed for the defense. I have no doubt "I'll see ya at the top" no matter what horse your riding. I hope you make money hand over fist, dude! If anybody on this board deserves it, it is you. My only point is this, transition from bear bottom trading range for the industry leaders IS NOW OVER. Trading tactics for those stocks need to be adjusted accordingly. You are 100% correctamundo when you point out the segmented nature of the OS stocks. There are the BIG cap leaders, then most everything in between, and at the bottom are the broke d*ck dogs. The clear bottom sectors are boats, fabs, and seismic - guess the market considers them at the low end of the food chain. In that sector there are still short term trading opportunities available. The middle section is now in the process of catching up to the leaders and following many of the same price patterns that led to the explosive moves of the leaders, indicating that soon trading tactics will have to be adjusted in those as well. That is my view of the battlefield. I will move my troops accordingly. When a stock moves i am going to give it plenty of slack on the upside, and take macd to sell, take sto's to buy and watch key support and resistance areas.