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.
Strategies & Market Trends : Stock Attack -- A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lynn Goodman who wrote (30919)9/24/2000 9:58:22 PM
From: Casaubon  Read Replies (1) of 42787
 
IMO, the proper entry into NTAP would have been on 7/12 towards the end of the day. Unfortunately, based on O'Niels rules, one would have been shaken out on 8/02. Higher reentry could have been attempted on 8/17. I probably would not look for higher entries after that.

So, I guess I can't always count on buying in the afternoon. one example is NTAP's recent explosion.

I don't think 9/22 offered a proper entry point, IMO. Just because they move up on big volume does not mean it is time to enter. The idea is to enter off a proper base, as price moves up on higher volume. Other than that, he espouses holding until sell criteria are established. In the case above, I have outlined that one would have been shaken out of the initial position but reestablished at a higher price with a deficit of 8% upon reinitiation. So, yes, volatility would have worked against you here. The flip side of that is was O'Niel refers to as insurance. The rules would have kept you out of the game with 92% of your capital had the markets continued down. The idea is to take losses quickly and profits slowly. If your entries are correctly timed, you will make money over time, and be in cash when the markets really correct.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News