Stock Attack -- A Complete Analysis Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (40275)	1/8/2001 9:15:33 AM
From: Square_Dealings	Read Replies (1) of 42787

"If one is "following the trend", it would appear that the burden of proof is on the bears here" The most conservative way to play the market now is to wait and let it bottom and then break above resistance. So the way I see it the burden of proof is on the bulls, the trend is down or sideways on all the major indexes. Short term I would buy on major spikes down on heavy volume for bounces, longer term I would wait for the channels to get broken to the upside. I think the old TA is not working anymore, and I wouldn't use history to predict the future here. We are living in a unique times. Still some good charts in the energy/oil/nat gas sector though, for how long it holds up I dont know. M.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next