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Re: [RT] Re: Time to buy????????????



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No problem, sorry for my overreaction.I second the 
motion on any complement to Ira.
Dom
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Jimmy 
  To: <A title=realtraders@xxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx 
  Sent: Friday, December 01, 2000 3:36 
  PM
  Subject: RE: [RT] Re: Time to 
  buy????????????
  
  Sorry I liked Ira's 
  comments but saw your name and thus the "read Dom Perrino's email"  when 
  I should have said Ira.  It was a complement albeit to the wrong person 
  however what you said I didn't mean to disagree with.  I see no technical 
  reason to buy yet but I agree it is a very attractive level and the technicals 
  look as if the downside risk is very little.
  <FONT 
face=Arial> 
  I don't know what your 
  understanding of my email was but I meant no disrespect.  In picking 
  stocks I was talking to those on the list that could benefit from Ira's 
  post.   You posed no question about picking stocks and I'm sure have 
  an excellent system.  I will work on my tone a 
  bit.
  <FONT face=Arial color=#0000ff 
  size=2> 
   
  <FONT 
  face=Arial>Thanks, 
  <FONT 
face=Arial> 
  <FONT 
face=Arial> 
  Jimmy
  
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: Dom Perrino 
    [mailto:domenick@xxxxxxxxxxxx]Sent: Friday, December 01, 2000 
    10:40 AMTo: realtraders@xxxxxxxxxxxSubject: Re: [RT] 
    Re: Time to buy????????????
    I think the question marks on my recent post 
     may have been misunderstood. What I was proposing was whether we are 
    close to a decent buy on the MARKET not on  individual stocks per se. I 
    am a strong devotee of technical analysis and I strongly believe that 
    anything that is known is reflected in the charts of the entity or entities 
    one is trading. What I have forgotten in technical anaysis is more than most 
    technicians know.Your reference to read Dom perrino's email etc.is at best 
    in poor taste.  
    <FONT face=Arial 
    size=2>Dom                              
    ----- Original Message ----- 
    <BLOCKQUOTE 
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      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      Jimmy 
      
      To: <A title=realtraders@xxxxxxxxxxx 
      href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx 
      Sent: Thursday, November 30, 2000 
      4:27 PM
      Subject: RE: [RT] Re: Time to 
      buy????????????
      
      <FONT face=Arial color=#0000ff 
      size=2>2270 something on the NDX is 50% retracement from Oct 98.  A 
      chart say a monthly one of the NDX looks like a Elliot wave ABC correction 
      completing.  Lots more tech stuff I'm sure but it is all useless 
      unless you simply know this looks like a normal correction or call it a 
      small bear market if you are an intermediate term kind of 
      trader.
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>FACTS It will turn up.  Don't know when. Nothing I watch says 
      up.  When it does you start to buy.  You better know what turn 
      up means however.  Re read Dom Perrino's email so you know how to 
      pick stocks when it does turn.
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>Technicals are great but it ain't up until it is up.  If you 
      don't understand that you will need to do a lot more reading and 
      thinking.  
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>I always find it a good idea to put up a very long term chart, like 
      monthly chart.  Look at what has happened for the last two or three 
      years.  Then put up a chart of three years but let is end several 
      years ago.  The scale of the corrections always look bigger in a 
      current chart.  They really looked big to me in the 1960s and 70s and 
      80s.
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2> 
      <FONT face=Arial color=#0000ff 
      size=2>Jimmy
      
        <FONT face=Tahoma 
        size=2>-----Original Message-----From: Dom Perrino 
        [mailto:domenick@xxxxxxxxxxxx]Sent: Thursday, November 30, 
        2000 1:48 PMTo: realtraders@xxxxxxxxxxxSubject: 
        [RT] Re: Time to buy????????????
         
        <BLOCKQUOTE dir=ltr 
        style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
           
          
          Aside technical indicators,fundamental 
          indicators,ew,astrology ,gann, fibo.etc., and putting 
          personal  experience in the forefront<FONT face=Arial 
          size=2>.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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