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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Jimbobwae who wrote (11266)	3/10/2001 5:34:17 PM
From: ~digs	Read Replies (4) \| Respond to of 37746

Anybody else watching this potential head and shoulders formation on the US dollar weekly chart? stockcharts.com[l,a]waclyymy[pb50!b200!d20,2][vc60][iUi8,1,1!La12,26,9] MWD and GS are already near their neckline: stockcharts.com[l,a]waclyymy[pb50!b200!d20,2][vc60][iUi8,1,1!La12,26,9] stockcharts.com[l,a]waclyymy[pb50!b200!d20,2][vc60][iUi8,1,1!La12,26,9] Based on my belief that both personal and commercial bankruptcies will rise dramatically this year... I'm considering an options/short play on presently overbought banking company UCBH... stockcharts.com[l,a]waclyymy[pb50!b200!d20,2][vc60][iUi8,1,1!La12,26,9] Other ideas: ERTS daily chart hit a triple top and reversed this week. Game makers continue to be strong. ATVI and THQI still printing new highs. Just some things to consider on a Saturday, fwiw. IDPH closed below its 200 day EMA as well. (Thanks Sharck and Devin for your read on SIAL... ie too strong fundamentally)

To: Jimbobwae who wrote (11266)	3/11/2001 9:02:29 AM
From: Sharck	Respond to of 37746

Hi Jim and welcome, I agree that there is some comfort holding stock that you believe will not instantly wake up and have your entire capital wiped away. I believe we have mentioned certain sectors that were worth picking up way back when. I remember mentioning the retail store ANF at 9 bucks last spring. The sector has certainly been on a tear of its own lately as has the oil and gas, more recently going into another opec meeting this month. If you are still "daytrading" either you are not holding shorts over a set period of time, which I admit takes a strong stomach or you are trying to play long techs in a tech bear mkt, impossible to do IMHO. Check out www.sectorwatch.com for some ideas. The important thing for us here I believe is in maintaining our financial well being by being adaptable and quickly changing course when things evolve. I believe we here have accomplished that to a certain degree better then most and feel that is why this thread is still regarded highly on manys watch list. (Yes we do miss DChapman, but he only keeps us on our guard and that is good for all...) Check out these two sectors: Our Retail portfolio: finance.yahoo.com and our Oil/Gas Exploration portfolio: finance.yahoo.com