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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (26063)7/27/2000 8:53:07 AM
From: Daveyk  Read Replies (1) | Respond to of 42787
 
Mines more a seasonal attitude.This is usually a bad time.Sector,stock,market direction of the day and season all matter.Course we still are bound to get slapped now and then;it's the nature of the game.



To: dennis michael patterson who wrote (26063)7/27/2000 9:08:02 AM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Dennis,

That is one of the main reasons, I really dont play stocks too often. One news item and SMACK. With the indicies, since they are diversified are much less effected by negative news items toward an individual stock. Of course the fluctuations are not as extreme at times but for the last few years, they have been.

I suspect that once/if a true bear market starts the oscillation between indicies and individual stocks might be closer in size.



To: dennis michael patterson who wrote (26063)7/27/2000 9:09:33 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
Sorry to hear you were holding that one. Hopefully they will bounce it a bit to allow some shorts to jump in and you can exit with a minimal loss.

I am confused about the futures though. I had the GLOBEX trigger computed as a heavily weighted upside bias. a minus 2 was still in a buy program territory and so far, they haven't taken it down below that depsite all the hot economic numbers.

Does this mean that the market has an upward bias still, or is this a trap where they will try to take it up a bit then pull the rug out?

Of course I am talking about the SPX not the NASDAQ futures which are already in the toilet.

ECI up 1% but annual in hot at 4.4%. Durable goods came in red hot at 10. What was all that about AG being done raising rates again? -ggg-

I am off to work.

Good Luck,

Lee