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<FONT face=Arial color=#0000ff
size=2>Attachment I got is a camping equipment site. I'm not smart enough
to understand the joke.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Jimmy
<FONT face=Tahoma
size=2>-----Original Message-----From: Ira Tunik
[mailto:ist@xxxxxx]Sent: Thursday, November 30, 2000 2:32
PMTo: realtraders@xxxxxxxxxxxSubject: Re: [RT] Re: Time
to buy????????????There are several things that are
needed before a rally can start. When it does start the trick is to have
the right stocks. Even today over 100 stocks hit new highs. I am a
technician by choice. I believe that all is shown on the charts. I
am not stupid though. I don't believe that every promising chart pattern
will land me in Eden. I just ran a filter of all stocks traded and found
over 70 that have PE ratios less the 10, Return on Assets greater then 25% and
year upon year growth for the past 4 years of greater the 20%. They all had
excellent profit pictures also. Not only do you need good numbers, you
need investor, and fund interest, along with brokerage and guru backing
or they won't go anywhere. You also need sufficient volume to allow
entry and exit. So when searching for stocks that will participate, look
at the books as well as the charts. The charts will tell you when to get
in and when to get out. The books will tell you which ones to look at.
Good trading. Ira.
Dom Perrino wrote:
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<FONT
size=-1>Aside technical indicators,fundamental indicators,ew,astrology
,gann, fibo.etc., and putting personal experience in the
forefront.Let's get some input based soley on experience since I think
that this election fiasco is throwing a monkey wrench in most
indicators.Is this a buying opportunity that some time from
now we will look upon as a coulda, woulda,shouda ??? In my own past
experience almost every time things looked as dismal as they do now it
turned out to be a buying opportunity.Let's hear from some heavyweights
(and others).As a technician, I know it is hard to put technicals aside.
Let's try ,we will be able to hear opinions without having to justify it
with an indicator.Dom
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