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jvc689@xxxxxxx wrote:
> I did not believe it when it was initially posted and I am prone not to
> agree now.
>
> I went long certain stocks and Mutual Funds with full margin in March 03.
> At that time the posts sounded like the sky was falling. I reverted to
> cash when the 50 day moving average was threatened about 3 months ago. So
> I left some on the table.
>
> I went back last month [Dow 9400] fully invested without margin shooting
> for Dow 10,000. At that time the posts sounded like the sky was going to
> fall again.
>
> I am looking for Dow 11,000 by March 04...but will be quick to pull the
> parachute strings if the breadth and MA's give signs of weakness.
>
> I like to keep investing somple and uncomplicated and by hand vs
> mechanical projection.
>
> The rise of the Bulletin Board stocks, the return of so called hot
> daytraders, as well as the return of hot new issues are some of my first
> early warning signals.
>
> I still play many CANSLIM stock that has risen at least 1% above its 52
> week high with 150% of its 50 day trading volume.
>
> I swing trade value stocks that have been trading in a 10% range for 4
> weeks. These can be folowed at http://www.investright.com if you want to
> do the work...plus its free and guru independent.
>
> Just wanted to interject an opposing point of view for discussion.
>
> Sincerely,
>
> John
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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