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Re: [RT] Is this divergence for real?



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Look
My  wife  is doing better then me
she has been buying   CA    on every pull back
and   is ahead   now over 40K   for the month
However,
she sold   33% today  in her account and 100% in my daughters account
So,  maybe she is also  protecting profits

all in ones point of view
nice week end
Ben
----- Original Message ----- 
From: <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <profitok@xxxxxxxxxxxxx>
Sent: Friday, September 19, 2003 8:32 PM
Subject: [RT] Is this divergence for real?


> Dear Ben et. al.,
>
> And there were 45 new CANSLIM Breakouts on a suckish day compared to an
> average of 20. Many of them have PE's below the S&P. If one must ask
> themselves if the divergence is for real, there must be a serious question
> in their minds...and that's OK. It either is or it isn't.
>
> Just an opposing point of view and some fun from one who thinks cash is
> still king [at least to the point of 50% of a long term stock portfolio]
> even before this divergence issue cropped. I am not a divergent guy, but I
> do like to be prepared...Girl Scout's Motto.
>
> It doesn't hurt to be able to buy some still outstanding stocks at very
> decent prices.
>
> The last time I posted this much on market direction was just before the
> Iraq invasion...[all I read pre-Iraq was Dow 6000 over and over with all
> kinds of charts to support it]. I said then, "after Iraq we rock". With
> the tone of the different Boards I see, we could see Dow 10,000 by the end
> of the year and optimistically Dow 12,000 in 2004.
>
> We still have not reached the average increase per cent wise for the
> second year of a first term President plus throw in the economic stimulus
> that is yet unmeasured from the war toys and future tax cuts.
>
> Sincerely and jovially,
>
> John
>
> > New high new low also showing a bearish divergence
> > Ben
> > ----- Original Message -----
> > From: "EarlA" <earl.a@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Friday, September 19, 2003 5:50 PM
> > Subject: Re: [RT] Is this divergence for real?
> >
> >
> >> Yes, I have major divergences in my breadth models ringing amid other
> >> warnings. However no guarantee that the top is in and I could see a
> >> run to 1080-90. I started scaling in a short position yesterday at
> >> 1040 buying
> > deep
> >> in money March 2004 LEAP Puts at 1150 strike. I consider an implied
> >> volatility of 16% to be a bargain. I'm not good enough at top picking
> >> to nail the exact top.
> >>
> >> Earl
> >>
> >> ----- Original Message -----
> >> From: "Navtej S. Nandra (RR)" <nnandra@xxxxxxxxxx>
> >> To: "swingmachine" <swingmachine@xxxxxxxxxxxxxxx>;
> >> <realtraders@xxxxxxxxxxxxxxx>
> >> Sent: Friday, September 19, 2003 12:35 PM
> >> Subject: [RT] Is this divergence for real?
> >>
> >>
> >> Please see attached;  anyone else showing a possible near term top? N
> >>
> >>
> >>
> >> To unsubscribe from this group, send an email to:
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> >>
> >>
> >>
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> >>
> >>
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
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>
>
>
>
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>
>
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>


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