William:
Good going on OBCI... A perfect example of a well thought out trading system... Using the old axiom "buy low, sell high," you've developed your Rat Dog investing approach that looks for stocks at or near their bottom... You've eliminated a good deal of risk because you buy them after they have been beaten down... So, you either see some nice profitable bounces or move on, being flat, or with a little loss with a dead money investment for weeks or months... Given what's happened in the market the past 15 months, your approach is a conservative moneymaker... : >
As for VAR... These days, one would need a super computer to put in all the various scenarios to try and hedge one's bets... contingencyanalysis.com
Using major moving averages (13 day, 50 day, 100 day, etc.), and support and resistance trendlines, should put one on the right side of the major trends... The day to prognosticating needs a crystal ball... : >
Looks like the Mario Monte gang is at it again... Now targeting Microsoft for including its Media Player with its operating system... That's what's behind the market dump today... After flexing their muscles to nix the GE/Honeywell merger, they now want to apply their business impeding brand of Socialism to Microsoft... I wonder if Mario owns shares of Linux or some other competitor of Windows... : >
GE/Honeywell opened the door to European intervention in American business's autonomy... A similar intrusion into what Microsoft can and can't do would blast away that door... Unfortunately, a Socialistic based economy doesn't understand the real meaning of innovation, entrepreneurship, and competition... If they did, they wouldn't always be pulling up the rear economically... Somehow, the U.S. needs to draw a line in the sand here... Otherwise we'll be dragged down with the Europeans as we sing Kumbaya on the way to the poorhouse...
Jim |
