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Strategies & Market Trends : today's chart

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To: Chandler H. Everett who wrote (701)10/13/1997 1:58:00 PM
From: TechTrader42   of 1267
 
Here in the control tower we maintain "calm concentration and detachment from the outcome" by keeping the Venetian blinds closed and -- when things get entirely too hectic -- covering up our screens with donuts or even donut boxes. Today, for example, my picks for the contest, which soared into the starry firmament last week, appear to have lost power to their engines. I can't even add to my positions, because their landing gear is apparently stuck, and they're just circling aimlessly, low over the airfield, while COBR and other refueled jets, take off. But am I distraught? Not in the least. To amuse myself while my portfolio prepares to nosedive, I pepper the beginners forum with long questions about indicators, under various pseudonyms, to distract the more experienced analysts from their own investments: "How can I get my moving averages to stop moving?" "Why do you use 8 and 13 for periods instead of 9 and 14? Does it have something to do with the Pyramids?" "What happens when the 50 days in a 50-day moving average are up? Does everyone sell? Just wondering." "My Internet charts don't have StochRSI. Is it possible to create StochRSI in Microsoft Paint with just one week of data and a 180-day moving average?" "What TA program would you recommend that I buy? I have lots of experience with Myst and Doom." Most of the responses have been informative, and surprisingly kind. They renew my spirits. Which is what I'd better go do now -- freshen my glass, that is.
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