Re: Going Long

["Kent Rollins" <kentr@xxxxxxxxxxxxxx>]

The question "Why are you buying in a downtrend?" still implies that he
knows where the market is going and we don't.  If he's going to tell us that
he knows where the market is going, I'd still like more info.

Here's my market call: as this chart clearly demonstrates, we have bottomed
and are now beginning a 8 wave uptrend (I use Rollins Waves).  The first
wave up is subject to failure if it doesn't keep going up.  And the second
wave can go below the start of the first wave.  If it does, then you have to
re-label the count.  If we get to wave 3, I will explain the rest of the
count.

Let the buying begin!!!

Kent


-----Original Message-----
From: scheier <scheier@xxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, May 10, 2000 6:38 PM
Subject: Re: Going Long


I had to laugh at your sarcasm and your point is well made.  But I think
Jean
Jacques' original question is actually a fair one, just poorly worded.   If
he
had said, "Why are you buying in a downtrend" instead of using that
debatable
term `Bear Market', his point would have perhaps been better made.

<snip>

Scheier


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