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Buss Status Report 11/14/97



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Dick,

Thanks for the note.  I REALLY appreciate it...

Steven Buss
Walnut Creek, CA
sbuss@xxxxxxxxxxx

-----Original Message-----
From: DickJ <dickj@xxxxxxxx>
To: metastock-list@xxxxxxxxxxxxx <metastock-list@xxxxxxxxxxxxx>
Date: Sunday, November 16, 1997 7:02 PM
Subject: Re: Fw: Pouring liquidity ...


>Steven,
>
>This Oex Master Blaster guy has been on the newgroups for as long as I've
>had net access (about 2 years now) and he hails from my neck of the woods
>(Oahu). For some reason, we have an abundance of "net kooks" out here. "Dr.
>Jai Maharaj" is also an Oahu resident.
>
>Oex man loves to "wow" the unsuspecting readership of the newsgroups,
>because to be an expert trader on the net, all you have to do is say you
>are, and many will believe you.
>
>He's been SPECTACULARLY wrong at major turning points in the past (I don't
>read the newgroups anymore, but as you may have discovered, large down
moves
>in Globex futures overnight have a nasty habit of turning into massive
short
>squeeze/rallies in the next-day open market session)
>
>I haven't been to his site for dogs-years, but there's so many incredible
>investor/trading sites on the web, it's hard to believe it worth the
>password nonsense on his site.
>
>The guys I know that trade oex options (sometimes) successfully, seldom buy
>puts when the market is moving down, they buy on way up (to a
>downtrend/support line) so that "it looks like you're throwing your money
>away".........a complete contrary move to everything that tells you "STOP
!"
><g>
>
>I don't have the stomach for index option play in market bottoms and I
>suspect the Oex Master Blaster doesn't either, because he's still talking
>about it.....He would have gone flat broke long ago if he actually traded
>the advice he dispenses so freely on the web.
>
>Dick
>
> -----Original Message-----
>From: Steven Buss <sbuss@xxxxxxxxxxx>
>To: Metastock-list <metastock-list@xxxxxxxxxxxxx>; Lionel Issen
><lissen@xxxxxxxxxx>
>Date: Saturday, November 15, 1997 1:42 PM
>Subject: Re: Fw: Pouring liquidity ...
>
>
>>http://www.pixi.com/~marvel/zig.htm
>>
>>I've got no idea who he is.  His web site is significantly out of date at
>>this point although his two most recent notes talk about a major site
>>upgrade coming.
>>
>>He's been a major bear, but as I said before, he sent notes out before the
>>open on the days of the two-post 10/26 rallies, regarding a reversal with
a
>>reference to Globex futures prices.  For this reason alone, whether you're
>>bull or bear, he is worth studying in detail.
>>
>>His site is free.  Evidently he wants people to sign up with their userid.
>>This is worth doing because then you get his emails.  But mind you, I've
>>only been on his list a few weeks.  Follow "trader's tales" path to check
>>out his "famous charts."  Trader's tales pw has been Abc1997.
>>
>>Steven Buss
>>Walnut Creek, CA
>>sbuss@xxxxxxxxxxx
>>
>>-----Original Message-----
>>From: Lionel Issen <lissen@xxxxxxxxxx>
>>To: Steven Buss <sbuss@xxxxxxxxxxx>; Metastock-list
>><metastock-list@xxxxxxxxxxxxx>
>>Date: Saturday, November 15, 1997 10:06 PM
>>Subject: Re: Fw: Pouring liquidity ...
>>
>>
>>>Who is the master blaster?
>>>Where is his web site?
>>>
>>>Lione;
>>>
>>>At 12:05 PM 11/15/97 -0000, Steven Buss wrote:
>>>>Interesting message from Oliver.  Worth a read...Don't know what to
>think.
>>>>
>>>>The Master Blaster certainly sent an email out before the markets opened
>>>>about what he/she "killer reversals" of the bear trend.
>>>>
>>>>
>>>
>>
>