SI
SI
discoversearch

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 : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (35185)4/3/2001 10:37:21 AM
From: bonnuss_in_austin  Read Replies (1) | Respond to of 35685
 
LOL! No, I wouldn't hate you, Allan ...

It interests me the different trading styles among you traders.

I really was wondering if you think big caps might warn ... today ... a la Gold/Sachs' last week predicting more warnings yest and today than in the past decade ... that primarily is what's making me want to hold on.

As well, I'm not trading they way you real traders trade <g> ... I want to get my hands on some puts that I can hold for a few months. I'm thinking the indexes will be best for that. Then, on these air bubbles (ridiculous P/Es) like BEAS, CIEN ... that's why I'm in them shorter term.

The five-trades-a-day are too sophisticated for me. I don't have the confidence and likely the tools like level II Nas to even try it.

THANK YOU for your opinion!

And, do you think a big cap may warn today or tomorrow?

tia,
bia



To: AllansAlias who wrote (35185)4/5/2001 4:20:48 AM
From: chic_hearne  Read Replies (1) | Respond to of 35685
 
Allan, I think you're TA is phenomenal for the short term, meaning intraday bounces. But for more than that, I think TA (not yours, but in general) is becoming useless. It seems like support levels are attacked and destroyed with ease these days. IE, the '94 trendline on SUNW which anyone would think was good for a bounce, but was inhilated quickly. You can apply the same to Crisco, NTAP, JNPR, etc over the past few months (at least at a certain point in time where expected support just was not there).

I know you're a student of history. Is there any kind of data you can use from '29 or the Nikkei to prove or disprove this???? Like if you look at a specific chart for a stock and give your TA like you'd do it now and see what the outcome was??? Just wondering.....

chic