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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cnyndwllr who wrote (87474)2/16/2001 3:32:26 PM
From: Gottfried  Read Replies (2) of 95453
 
Ed, you asked someone else >Do you have any concern that when we are in a period of rapidly changing perceptions and quickly changing fundamentals, TA analysis might get you in trouble? Is that supposed to be incorporated in and adjusted for in the TA models? I'm just curious since I know so little about TA.<

Allow me to comment, since TA is dear to me [after FA alone failed me once too often]. All that goes into TA is price and volume. Fundamentals do not matter. Sure, you can get into trouble. But if you concentrate on price action you can set stop losses to keep loss small should the trend go against you. One method I like won't let you buy until the price has decisively broken above the 30 week ma. This has kept me from buying a bunch of seemingly cheap tech stocks lately and has kept me in some of my OSX stocks [because they were above a rising 30 week ma.] You could start looking at that to see if it makes sense to you. stockcharts.com
Stan Weinstein wrote a book on this.

As for thread deterioration: I get around the problem by not opening the last unread post, but just looking at all the headers. If the header looks promising I open the post.
Some posters I completely ignore because they're so full of themselves. Certain posters I read always.

Regards Gottfried
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext