SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommy Dorsey who wrote (7819)5/12/2000 1:03:00 PM
From: Lost1  Read Replies (3) of 9427
 
I guess my response to the criticism of DWA you spoke of would be , "HUH?"
I think we're upset with this market for not doing what it should do from what we've seen in the past, but that isn't a DWA thing. Our indicators have been giving a few headfakes over the last couple of months but once again that isn't a DWA thing..It's a P&F thing. It seems that the indicators have been a bit delayed in this fast moving, volatile market.
I think the current market is providing us all with some valuable lessons about markets...different types of markets and what RISK is really all about. My instincts tell me I should NOT be trading in this environment until a defined trend is established. If only I'd listen to myself..doh!
Unless we are looking to DWA to manage our trades we only have ourselves to blame/congratulate. Last I looked it's up to each of us, not a website, to make our own decisions.

THanks for your continued support Big Guy,

Kirk

ps--got a big box of XOs on the way and I noticed last time around that there was a price break..Mmmmm
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext