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: Lane Hall-Witt who wrote (28924)	6/21/2001 3:37:16 PM
From: Dave Gore	Read Replies (1) \| Respond to of 37746

Futures breaking the 40 period ema on the 5 min, already broke the 20. Lane, you will find me a lot less philosophical these days, as logic does very little good in the short term, and I am only trading the short term. I will likely take several days off from time to time during the summer and hopefully choose my situations wisely. Right now, I think one only need trade stocks like QLGC and special situations. I love to take advantage of overreactions, but they need a day or two to settle. The market is doing strange things and it is very very unpredictable. Just when the Market looks strong, the Market gets some bad news or spins some news in a bad way. Ditto on the other side of things. When relatively strong stocks really drop down (like QLGC has under $50 a few times lately) I find that odds are that it will go back up nicely. One just needs to watch the futures for a powering up. It isn't always easy (and one has to really be wary of unexpected news) but having real time indicators really helps me. RE: B to bill, your point is excellent!