i will. i like to follow the RSI indicator specially, combined with candlesticks it almost never fails in indicating key turning points both for stocks and indices, thus letting you time the market pretty accurately. you probably use Bloomberg terminals at your hedge fund. a Bloomberg terminal is on my shopping list too. by your profile i see you're a long term ARBA long, how did you (or any of the other longs on this board) handle the terrifying ARBA collapse (whole market collapse i must add) during march and april? were you stopped out, or held through the massacre? i'm not being cynical, i'd really like to know, because ARBA rebounded to almost it's previous high, but most other internet stocks DIDN'T, so you were the lucky ones. i'm really starting to doubt about the virtues of long term investing, specially with all the tools at one's disposal nowadays. after all, in the short term all stocks are trading vehicles, it's exactly the same making 15% with SUNW or 15% with, say, an empty shell like Infospace or Aether Systems.
___ "Thanks, and you should get the DeMark books, he wrote three; the last with his son. His systems are some of the technical indicators I regularly use..." |