A Simple List of General Do's & Dont's of Trading: 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 : A Simple List of General Do's & Dont's of Trading:

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arthur Tang who wrote (748)	6/14/2001 9:03:34 AM
From: Arthur Tang	Read Replies (1) of 769

Here it is in June, and Dow is still moving up. Or is it a slow rally on Wall Street? When you look at charts, when the economy is growing, the charts are steady climbs with selling back on profit taking. When the economy is flat, market makers use Elliot 5 wave strategy. 3 waves to achieve impossible numbers of shorts. Last two waves to pull back 90% from its peak to buy back the shorts. Then the cycle begins again. Most of the charting now has none of the steep climbs of blow offs or Elliot waves in the making. So, my conclusion is that Wall street is in a wealth building period; invest in the companies you think has great future in the next ten years. Companies that you like to own. Growth in dividends or equity appreciation or both, if you like them. Dividend gives you more buying power.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next