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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Apollo who wrote (34639)	11/13/2000 11:56:20 AM
From: mauser96	Respond to of 54805

One of the few valid (IMHO) uses of technical analysis is that it can be very useful in identifying the beginnings of a new bull.I'm talking about things like TRIN , not charts. However, I don't find them useful in detecting the waning days of the bear, so that's why I use dollar averaging. Meaning that I'm always too early for some of these purchases,and too late for others, but I'm still getting fairly good prices. A sign that the bottom may not be far away is that today seeing declines in companies that so far have been mostly immune to the decline-example EMC. Also large declines on low volume are a sign of exhaustion, if not capitulation. Of course this might just be wishful thinking, and we could be headed for another 1973 or 1930, but probabilities point to just another cyclical bear. Despite the heartburn, I've survived several of these.