Is Dick Moody a "Kinder, Gentler" McIssac/Sherman/Scott?

Enquiring minds want to know.

-- Ron Schwarz (rs@clubvb.com.delete.this), October 19, 1999

Answers

Ron,

Who are McIssac, Sherman and Scott? I been reading here for a few months and haven't run into those names before.

IMO, Dick is obviously an individual knowledgable in technical trading and how markets work in real time. As with any experienced trader, he looks at markets diapassionately and draws conclusions based on what he sees, not what he wants to see. I find his posts enlightening and instructive, and I hope he continues to offer his views.

I haven't noticed any side effects from reading his posts. Am I missing something?

-- mike (maples@voy.net), October 19, 1999.

Also, Dick....Crude's headed south. Whatcha thinking?

-- Downstreamer (downstream@bigfoot.com), October 19, 1999.

Ron -

Now, now, most folks here in the sedate (well, most of the time) environs of Yourdonville don't spend much time over in the brawl known as "c.s.y2k", so please don't be dragging those roughnecks in here to continue their scrap.

Favorite .sig in c.s.y2K:

"comp.software.year-2000: Come for the signal. Stay for the noise."

-- Mac (sneak@lurk.hid), October 19, 1999.

At least McShill, Beeks and DS are genuinely disingenuous... unlike some of the DGI (Disingenuous Get It's) who frequent this forum.

-- (cujo@baddog.byte), October 19, 1999.

That's why I said "kinder, gentler".

Everything he says is steeped in the assumption that y2k is a non- issue, business is as usual, has been as usual, and ever shall be as usual, stock market without end, amen. All analysis is to be based soley on past conditions, because [drumroll] future conditions shall not impinge on markets, trading patterns, etc.

He strikes me as someone on a mission, but definitely soft-peddling it. Good cop to their bad cop? Heck if I know. Maybe he's just sincerely steeped in his ways.

-- Ron Schwarz (rs@clubvb.com.delete.this), October 19, 1999.

Whoa there Ron,

You must've missed a few posts somewhere along the way. I've indicated in the past that all bets are off on the markets come 1/1/2000. If or when I state something regarding the charting for time frames past 1/1/2000 it is based on "barring a Y2k situation" because the charts cannot show any event including a Y2K meltdown. Personally I think Ed Yourdon's probably pegged the 1 to 10 scale with his 4 to 7 range. If I was forced to a specific number tho' I'd say 5. I certainly don't think its gonna be no bump in the road. However, I'm not stocking up on beans...wife won't allow it...says it could be too dangerous for the human race for me to get within 10 feet of beans. Got rice???

The comments I've made in regards to stocks, gold, and oil indicate that at that moment there was or was not reason for immediate excitement but that doesn't indicate necessarily the performance in a given market for the next 30 or 60 days.

Downstreamer... RE: Oil... Well, I guess its still treading water just like Gold and Stocks... choppy trading ranges ... swallowing a little saltwater from time to time and getting swimmer's cramps. Both gold and oil are getting very wound up in charting formations. I'm looking for something to spring loose... I'm still bullish on both but now with some reservations long term for gold...still bullish long term on oil ... and still long term bearish on Stocks. Sorry I couldn't get to you sooner. I tried but every time I got to the index and scrolled to this thread I'd get knocked off.

-- Dick Moody (dickmoody@yahoo.com), October 19, 1999.