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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sabrejet who wrote (18015)	6/14/2001 6:37:08 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Sabre, I think you are a valuable member of this thread, and I have my own disagreement with Larry, more so than you have. As for a PM he sent me, I simply stated back to him to let go of any personal argument, since I believe this thread is not interested in personal bickering. I took offense at your wishing some longs here to have massive losses just because they happen to be on the wrong side of the fence. This is not a moderated thread, nor is it my thread, I am a guest like every one else, but i will request, if possible that we all try and keep personal as "professional" as we can. We al, have very strong opinions and very different trading styles, and there is not need for any of us, to get into arguments, except if these relate to different interpretation of the same data. If Larry is a problem for you, simply put him on ignore. There is a stalker visiting this thread from time to time, and after a while it was quite clear to me he has nothing to contribute of value, at least to me, and he has been on ignore, saving me time reading his drivel and the aggravation of having to respond to his selective memory. If you really feel the same way about Larry, ignore him. I fully understand Larry's approach and I simply do not accept it. It is a very good approach when one has lengthy period of markets going in the same directions, he is a trend followers. The danger with my approach, which is more a trend change anticipation approach, is that I can often be wrong (like today, expecting a rally from the 2050 area), the danger with Larry's approach is that he had to leave at least 10% from the top (2328) before his model turned bearish and he got out of his positions. Both approaches are valuable, Larry says, lets the market speak, and until I understand what it says, I stay in whatever stance I was (since the last time the market spoke), I take a little more reckless approach, which say, what is the market going to do. Why Larry needs to prove to any of us that his approach is better, I am not sure. his approach is certainly a valid one over the long term. I think that my approach is yielding better results, particularly, if when wrong, I am not too stubborn about it and I bail out. You got at little upset about Larry trying to nail you down on a definite "forecast", well he is doing it with many of us, and you just got to "teflon it out" and continue with your positive contributions. I am sure that wishing everyone a financial disaster is not what you actually meant, and thus tried to give you an opportunity to rectify a post which, IMHO, was simply in poor taste. Good luck out there. Zeev