INTEL TRADER 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.

Technology Stocks : INTEL TRADER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MonsieurGonzo who wrote (4907)	12/22/1998 2:43:00 AM
From: Berney	Read Replies (2) of 11051

MG -- AMEN Almost sadly, I understand what you are doing. It is almost scary. I've evolved much like you. I really enjoy well-behaved charts. Certainly no sure thing, but beats any alternative I've researched. Look at CAT. If you bought at $43 and sold at $48 7/8 over the last few months, you would have done very well. If you bought ALL at $38 and sold at $43, you would have done very well. In the meantime, the buy and hold folks are scratching their head. I like these rolling charts. Boy, COF has surely done well since you first brought it to our attention! That puppy moves! I just did a 10 year analysis of IBM on the monthly MACD charts to try to counter an excellent Dollar Cost Averaging thesis. I couldn't make the argument work. Unfortunately, I don't have the time to take it to the weekly charts where I think I could win. However, it is hard to argue with DJ's and JT's results. The concentrated bet at the bottom wins hands down. It may be that they have the advantage that the "talking heads" don't distract them. It really does seem to be a case of excellent timing and avoiding the dumb mistakes that makes the difference. Here is to avoiding the dumb mistakes in 1999. Berney

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next