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Non-Tech : PERFECT TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Michael Watkins who wrote (87)3/13/2001 10:30:08 AM
From: TechTrader42  Read Replies (1) | Respond to of 408
 
It seems to be affecting quite a few users and abusers, but not all. SI is working on fixing the problem, I'm told.

They also seem to have fixed the problem with the market overnight, too. (It's amazing what can be done with a monkey wrench, a Phillips screwdriver and some duct tape.) Nice analysis of CSCO at IntelligentSpeculator (Teresa Lo's chart). I hesitate to use the word "call," because I don't believe that IntelligentSpeculator is in the business of making calls.* 18.75 had been my target, btw. But there was always the possibility it could fall farther, given the P/E, which was still around 46 yesterday. Nice inverted hammer yesterday, too.

I liked these objectives you posted about IntelligentSpeculator a few days ago, btw:

An excerpt from ispeculator.com
The Intelligent Speculator:

- is a soldier of fortune, who chooses battles that he can win;
- strikes when profit is a reasonable expectation;
- does not trade for excitement or to satisfy gambling urges;
- does not risk life and limb for emotional reasons;
- does not need to be a hero, for he knows that most heroes end up dead;
- does not need public recognition because he has high self-regard;
- does not boast about his achievements because he knows that he's only as good as his last trade;
- is a student of the market for life;
- observes the market in an unbiased manner;
- avoids making broad sweeping statements, especially predictions, about the market;
- knows that all opinions are subjective;
- respects other people's right to have opinions;
- deals only with facts on hand; and,
- accepts personal responsibility for losses.