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.

Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (7914)	5/15/2000 12:28:00 PM
From: Daveyk	Read Replies (2) \| Respond to of 9427

I will say I felt talked down to also as I think Ray did.Not sure when DWA said in March to get out of Naz but I pretty much did as of 3/10 and this was posted by me on Lastshadows thread if anyone cares to look.A week later alot of damage would have been incurred.I'm sure many of us here have 7 figures to play with so we're not children.Maybe with this being the medium it is I have misinterpreted and if so that being said I may have taken it all too personally. I too felt the DWA indicators were and maybe are suspect;time will tell.I hope I'm not making a mistake but I am buying a little Naz here.Buying only ones with large call premiums as I like selling CC's and buying small amounts. Dave

To: Augustus Gloop who wrote (7914)	5/15/2000 1:08:00 PM
From: Riskmgmt	Read Replies (1) \| Respond to of 9427

Gloop: have always viewed this thread as an interactive help zone for new people. You can get advice straight from the people who know this TA best. Nobody is shamed into saying anything. If you read shame into any posts it's because that poster went against the current indicators. This IS NOT a tradable market (nasdaq) for most people. The advice currently on the table from DWA is to avoid most nasdaq issues. The problem is people see what they perceive to be a great price on that formerly hot tech stock and dive in without looking for buried damage in the chart. OK. But judging by the responses, I think their are many that didn't see "the buried damage". Perhaps those that did posted it, per your first comment. If they did, it went unnoticed by more than just me. Part of this service is advice. I have noticed when I don't follow it I eat crow. The advice isn't right 100% of the time but they know that....and after all, what is? ,i> but I can say they clearly said get out of the nasdaq in March. Can you point me to this? . However, to take a kill the messenger mentality because the market is impossible to predict is erroneous. This system was never intended to be a short term hit and run system. It is a discipline that if followed will provide you better long term odds of doing well in your investments. Whoa... Hold on there. Who said anything about killing the messenger. This type of comment is what I would expect from a cult following and is why I sent my observations by PM. As was requested by DWA I only posted publicly because I think truth is what counts and I was asked to "air it out". Far from killing the messenger, I am saying what message? regards, Ray