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 : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: kirby49 who wrote (2088)	4/13/2001 3:10:15 PM
From: Davy Crockett	Respond to of 5144

Hi Bob, It is still my humble opinion that this is a bear market rally I agree with you & that is how I intend on playing it. If this rally keeps picking up steam, I'm sure more & more money will get sucked in, only to revisit money heaven. I plan to pay particular attention to the Wilder's ADX, the 5 & 21 day ema & finally the candles to try & determine when to get out of the market. Only because in the recent past, they have been very accurate in determining buy & sell signals. (Along as we interpret them correctly.) If we were all locked into the same set of rules things would be very uninteresting which is why I did that experiment with the time frame and explains why on the day you sold your FN, I went out and repurchased it Hey Bob, we just made a market! So it was you buying my shares!!! I thought I got a pretty good price for them & I bet you thought you got a pretty good deal<LOL> What I found kind of interesting on Fridays action, is that, POG moved up, but FN didn't, but my other gold stocks did...GBU & TEK.b go figure heh? Anyway, I lost count of how many times I have been in & out of FN over the years... All I know is that my realized gain (including dividends) on FN is higher than my commissions <g> I think part of the reason we could be rallying, other then the so-called technical bounce are buried in the article that you posted. Easy Al is flooding the money supply. He no longer just has the taps turned on full blast, but has cranked open the fire hydrants. Now the liquidity is sloshing around & looking for a home. If Easy Al, isn't careful, he will reinflate the bubble IMO. I think it was on the Clowns thread where I saw an excellent chart created by AllansAlias regarding volatility on the NAZ. geocities.com ...and it is just getting crazier. Regards, Peter

To: kirby49 who wrote (2088)	4/14/2001 6:20:17 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 5144

Hi Bob, I apologize if my post came across too harshly. That was not my intent. Sometimes communicating in a text based language leaves certain interpretations of the meaning uncertain. All I meant was to challenge your interpretations of the charts that I posted using your indicators. (including the ADX 5). I know that you know that I know that I am a bear @ heart. (phew...!) All I am trying to do in to tune out the market noise ( & believe me IT IS considerable).. & make some good (profitable would be nice!) trades. Regards, Peter P.S. How did you u make out with those charts using your parameters?