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.

Biotech / Medical : Biotech - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (80)	7/24/2001 12:01:19 PM
From: IRWIN JAMES FRANKEL	Respond to of 544

Hi Bernard, You are prolific - as are my other TA friends. <g> It is my view that stocks spend much of the time (say 75%) trading between 1/2 to 2 times their fair value. I believe that FV can be estimated with sufficient certainty, in many cases (not all) to make it useful. When you can buy a stock at half of its value - you can reasonably expect above market average returns. That will not prevent the stock from dropping below .5X as SEPR did. But it will make the buys all the sweeter for those who buy the low ranges. (TA, especially the crossover style will never buy the lows or sell the highs.) SEPR went significantly below 1/2 FV. It has only now popped up to about 1/2 FV. Thus, I see above market average returns from holding it. I cannot tell when those returns may be realized but if I am correct they will come absent some intervening problem. I think SEPR now has a FV of about 80. So I view it as a buy. ij

To: Jibacoa who wrote (80)	7/28/2001 3:28:51 AM
From: XenaLives	Respond to of 544

Someone on another thread posted a chart with a DMI and I've been working with that lately. The DMI crossovers (along with a knowledge of the trading range and general direction of the stock) seem to be good buy signals. Would be interested in knowing if anyone else uses DMI and what kind of luck they've had with it.