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And don't forget James Smith call for a mid-Sept. decline. And back on June
13th, he also called for oil to hit at least 34.20 and maybe go as high as
$40. In May, he said that gold would be flat to down for the foreseeable
future. My last post of James Smith material in which he made his mid-Sept.
call generated a couple of opposition posts (below).
Again, I have no association with James Smith or his services. Just want
the record to be reflected correctly.
JW
DH [catapult@xxxxxxxxxxx]
> If you are still long stocks, then there is probably no
> hope for you.
Suggest we note the date and save this post. Then review it at year end
and see how much credibility Mr. Smith has. See if he is right or if HE
is the clueless one trading on hope and hype rather than accepting
reality.
ps - no personal vested interest. I have never owned (or shorted) a
stock and never plan to. Short-term swing trading the futures is more my
style. So, this is only an academic exercise for me.
--
Dennis
This from BobsKC [bobskc@xxxxxxxxxxxx]
At 08:25 AM 9/7/00 -0700, DH wrote:
>> If you are still long stocks, then there is probably no
>> hope for you.
>
>Suggest we note the date and save this post. Then review it at year end
>and see how much credibility Mr. Smith has. See if he is right or if HE
>is the clueless one trading on hope and hype rather than accepting
>reality.
haha ... Funny. He's already broke if he's trading his own account but
then, he's making money from telling you how to trade *your* account so he
is never wrong. :)) It's also humorous to me that the bear zealots are
always ten times louder than the bull "hypers" yet they seem to somehow
believe they have the holy grail while bulls are the lemmings rushing to
the sea. It is also interesting that they view CNBC as a pit of bulls
while the bulls view it 180 degrees from that situation. I guess this
means that the news channel is, in fact, doing a good job of holding the
course somewhere in the middle of the road. We all know that Ron Insane(a)
has his whole fortune and the next ten years income short the market. :))
I continue to be overweighted long due to fundamentals which are far more
positive than negative and if one can only just forget the internet tulip
nonsense, there are hundreds to thousands of fantastic buys out there
still. I would caution being too positive on this market as we near
October however since so many technicians believe October will be a
horrible month, they will create a self fulfilling prophecy. Oh well, if
they have unlimited funds, the bears will have their day eventually. For
me, and I hope for you, I'll let the market tell me which side to
over-weight on a day to day, week to week, basis.
Good trading to everyone,
Bob
>
>ps - no personal vested interest. I have never owned (or shorted) a
>stock and never plan to. Short-term swing trading the futures is more my
>style. So, this is only an academic exercise for me.
>
>--
> Dennis
>
>
>
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Proffittak@xxxxxxx
Sent: Tuesday, September 19, 2000 6:32 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] ONE MORE CONGRATULATION
HELLO
FAILED TO REPORT DOM. PERINNO FOR HIS EXELENT POST ON THE TRIPLE TOP IN THE
DOW AND CORRECTLY PREDICTING A NICE DECLINE
ON 09/01/00
MAYBE HE WILL BE KIND ENOUGH TO TELL US
when DO YOU THINK WE BOTTOM?
BEST REGARDS,
Ben
P. S. THIS IS AN OPEN QUESTION TO GET USERS AND CYCLE PEOPLE TOO!
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