Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: JB2 who wrote (1811)	7/12/1999 11:41:00 PM
From: -	Read Replies (1) \| Respond to of 18137

Yeah, it would be hard to see Bill fully appreciating the grand humor of the room where I used to trade at Broadway, in NYC... where a few of the less inhibited, more emotionally volatile traders were prone to cursing fits, smashing their keyboards over their monitors spraying the other traders with keys like Chiclets, in an attempt at stress relief and to establish their psychological and physical dominance amongst like-minded sophisticates -- but only when their positions were going against them <GG> BTW, IMHO CANSLIM really IS Momentum investing... Bill doesn't like to buy them "extended", but the technique pretty much defines itself as such. Yeah, I know the entry is fancy (usually off a cup and handle on the day chart), he buys them on the first pullback coming out of congestion (very few stocks trade that cleanly anymore)... but it's still momentum -- he rides the strongest issues with the best balance sheets/earnings, breaking out to new highs with as little overhead supply as possible ("momentum stocks"). Nothing wrong with that! -Steve