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 : One trade a week -- Ignore unavailable to you. Want to Upgrade?

To: SnowShredder who wrote (84)	10/11/1999 4:10:00 PM
From: Les H	Read Replies (1) \| Respond to of 89

The problem is I have no new industry group buys. My last buy signal was on Medical Products (RXP) last Wednesday, and I purchased Amer Home Products (AHP) at the time. I'm also running out of buy signals since the market has run up since two weeks ago. Friday, only 31% of the new signals were buys whereas two weeks ago I had 88% buys. I'll have to post the action lists for both long and short, and reasons why AIQ triggered a signal as well as the other indicators. Usually, when the market runs in one direction to near its conclusion, one action list (short or long) starts to deteriorate and the effectiveness of signals worsens. The other list would start to perform better. The reason I limited the number of stocks to the list I have is time and the expectation that they recover back to their normal performance. The signals also aren't day trade signals.

To: SnowShredder who wrote (84)	10/11/1999 7:02:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 89

heheh...well, trading is the only way I've made money in this game--what the heck, back to the drawing board. But it'll probably be awhile for my confidence to come back...Ariad was my single best idea, so damn cheap, what a freaking disaster. Would be nice if the remaining third paid for itself someday, dammit-- I had no idea it could go this low, blew thru my stops--couldn't sell fast enuf, horrible. I'll probably do a trade or two on paper each week for the next few months, just get back in the swing of things--I did one paper trade today, and another for real...but it's going to be real work getting back in the game, and no assurance I can do it at all. I doubt I'll be doing much in microcap biotech--unsubscribed from the Listserve as well, just burned out on biotech I guess.