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John NY

06/02/04 7:13 PM

#23370 RE: jenna #23369

Thanks for keeping up the free posts here and the educational info. I'm still paper trading while raising capital to re-enter at some point. I've been doing great with paper trading swing longs at very very carefully selected points where the market is at support or looking like a reversal. That's where I've selected some quiet stocks about 2 or 3 weeks ahead of earnings where also the comparison chart of the industry and sub-industry is also looking like a support and reversal area. And of course the stock is at a similar pattern, but not specifically adhearing to an 'offcial' set-up.

Also I've been looking for clues for the additional evidence for my selections in sector rotation. My question is, How frequently are the sector rotations turning lately, is it an overnight, weekly, few days, or midday reversal? And secondly, don't you always find some segment rising even when the entire maket is falling because the liqufication of securities ends up with cash flowing back in somewhere?

I think there may be a few like me who are still lurking and learning. Keep it up! - J.