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.

Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (34814)	11/21/1999 6:51:00 PM
From: john p. carney	Respond to of 36349

<My next seminar in the general area is scheduled for the first Saturday in April in Atlantic City NJ. > I'm there Doug. Look for a PM with my email, address, etc. If you have a mailing list put me on it. Good idea having it in AC. When I get done at the Craps tables, I'm going to NEED to learn how to make money in the market. PAIR up a lot this week. That sounds better than you can possibly imagine, Doug. I'm even neglecting to beat up on management lately. PS Chuckie, resign. John

To: Doug R who wrote (34814)	11/21/1999 9:16:00 PM
From: DWCraig	Read Replies (1) \| Respond to of 36349

Doug R: I've drawn the IL and ACT lines to your specifications and posted them (temporarily) here: boradive.com boradive.com According to one of your recent posts, these trend lines depict the "intrinsic supply/demand dynamic for PAIR relative to the human tendencies toward greed and fear." I'm not sure I follow. Any well-defined trend line could be said to mark a zone of strife between buyers and sellers, an area where emotions run high. Why are these lines special? Honestly, I think the IL and the ACT seem a bit arbitrary. For example, why not draw the ACT from the August 10th low to the September 10th high, and how did you choose the one set of points over the other? Looking at the more recent chart, which I hope I've correctly depicted, I don't see how you can determine an accurate price projection for a given time based on the huge price range. The range of $12 to $80+ captured by the IL and ACT provides for huge standard deviations and correspondingly low confidence levels. Your ability to paint a 1% error within this broad spectrum is impressive. Using your experience with TA coupled with the IL/ACT/RR system, can you provide a sample chart? Would it resemble either a price/time or a P&F chart? I'm having trouble visualizing this technique. Perhaps your method can shed light on an area of TA that I've neglected. Thanks for your posts. Very interesting.

To: Doug R who wrote (34814)	11/21/1999 10:22:00 PM
From: ljha	Respond to of 36349

Hey Doug, I'm just another ignorant soul who has elevated you to the status of TA guru after watching you in action the last few weeks. It seems like you are a specialist among an elite group that actually understands TA. I can't follow most of what your saying, infact question whether I could ever follow it, but like others am willing to give it a shot. Does your show ever make it to CA? If not what is the closest locale? Thanks, L. PS I've only been in PAIR for a month, its been a joy. Having said this I know what its like to wait and wait and wait and contemplate suicide and wait....