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 : Three Amigos Stock Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (27592)12/18/2001 11:12:54 AM
From: in_cog_nito  Read Replies (1) of 29382
 
Ken: Have those ORCL indicators turned UP now that the stock have moved up again? Makes me nervous when a chart says sell but the stock keeps moving up. : )
Reminds me of the BLUE chart strongly saying Not to Short the stock at apx. $16, then it cont. to drop to the current $2.25 range..

Is it possible to find an indicator or two that often gives false positives or negitive readings? Are there certian indicators that one should always look for confirmation from something else?..> I mean more so then normal.

The problem many people have with TA is that Indicator's can turn on a dime, make the previuos reading's look wacky.
Mostly when the FA does not support the TA. IMO

BLUE is gone but ORCL could still drop down to the 13's, but by that time the indicators could have turned North again....

I would rather have Ellison pounding on the Table then own any high flying ( or former high flying )money losing, Debt ravaged, High Tech stock.
ORCL is a Solid company. ( At least it appears to be if there are no off balance sheet things going on like at ENE )

Wish I had owned allot of ORCL in the late 80's and early 90's...I would not be here typing this, I would be sipping a morning cocktale on St.Martin....lol

Do you feel that TA works best Long Term or Short term, or about the same?

Have a Good Trading Day!!

IN
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