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 : Waiting for the big Kahuna
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ibexx who wrote (14290)2/22/1998 9:44:00 PM
From: William H Huebl  Read Replies (4) of 94695
 
Ibex,

I find whenever I am planning on going into the markets that I need forecasts for all 3 ranges... short, mid and long term (long to me is 6 months). There was some interest on this thread in that sort of thing so I have been posting my forecasts ever since. But if you note the results, my gut feeling is as good as she gets thus far... even though I rely heavily on TA and these annecdotal indicators.

For example, I plan on buying puts tomorrow on some weak stocks which should be carried down by the markets this week. It may not be a great sell-off but weak stocks frequently take bigger hits than strong ones... NOT ALWAYS.

As BB knows, I am getting ever close to that "holy grail" indicator... but a perfect one, I suspect, can never exist!

As far as whether I believe these forecasts... the longer out they are, I find, the better they are up to several weeks to a month or so. So 1-2 days is really a guessing game, a week can be forecast on a better than average basis and a month better than that.

I find the morning opening is fairly forecastable... but then you have the overnight and overseas indices going for you.

And it was YOU that asked for specifics... no generalities... I really think if I gave the forecast YOU posted, you would have jumped me royally!

Bill
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