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 : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (9565)	8/29/2001 2:51:38 PM
From: Bucky Katt	Read Replies (2) \| Respond to of 13094

Jim, I don't read much on S/I anymore, most of it is just useless crap, people puffing to the next "greater fool" As I said about 2 years ago, trading common stocks has become a zero-sum game, the game of the futures market. I currently have no technical approach, all my old t/a has become useless, outdated, and I really haven't figured out a new system that works for longer than 15 minutes.... And surprisingly, I don't care, been having way too much fun this summer, in about 3 weeks I will get serious again, maybe sooner if the weather gets sh*tty... AGR/a, one I know you like, had it's debt cut to junk today. I sold my shares of OLN, for small profit, a bit over a buck, but I held it at the right time to get the coming 5% dividend. Cashed out of SWC for much more. Not really holding much right now, just some of the rat-crap & some options on big stuff. We had a rat popper do a 100%+ move the past week or so, OBCI. I had a very tiny amount of shares, (2000) but took the money yesterday. There is just no way to tell if a stock will have a nice, sustained gain, or fall off a cliff anymore. Goes back to that VAR thing we talked about long ago. For those that don't know, VAR= value at risk, a banking term. BTW, Suzuki & Kawasaki are joining forces to fight HDI inroads into the EU. It seems HDI has saturated the US market, gearing up for Europe.

To: James Strauss who wrote (9565)	8/29/2001 3:41:06 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Jim, as you know, I short SUNW whenever I see a good risk/reward, and this is not good news for them> IBM mainframes running the Linux operating system will be used to deliver buy and sell reports to brokerages and Big Board and Amex member firms. The IBM machines will replace Sun servers. Now that is going right to the belly of the beast.... interactive.wsj.com

To: James Strauss who wrote (9565)	8/29/2001 6:34:12 PM
From: Sergio H	Read Replies (2) \| Respond to of 13094

<... Knowing a little bit more about a company than its symbol helps... : > Today's GDP report wasn't all that bad. It was actually better than anticipated, but Japan's negative news ruined any possibility of a rally. The Nikkei closed at its lowest level since 1984 on news of bad bad loans at major banks. Experts are realizing that it's going to take a coordinated global effort to pull the world out of bad times. Tomorrow the spotlight turns to Europe. Hopefully, the ECB lowers interest rates 1/4 point in an effort to spurt their economy. BUT, it's not all gloom and doom. The new high/new low ratio on the NYSE has remained very positive over the last two weeks. Evidence that there's buying going on in some stocks. Jim, throughout this thread you've laid down some words of wisdom that are worth repeating and remembering. A recent pearl of yours for example, was noting that hidden within the falling indexes are stocks doing well. That's the stocks that we want to buy and hold right now. So, a good simple strategy for these difficult times...besides knowing "a little more than the stock symbol of the stock" includes, before buying stocks: look at valuations, particularly earnings growth. Buy stocks that have recent upward revisions and particularly timely are stocks selling at a discount to their growth rate. avoid stocks that have been losers YTD. Particularly those held by mutual funds. They're going to go lower as the mutual funds drop them in the next two months. Conversely, buy YTD winners. They'll go higher as they're bought for window dressing. * small caps gaining market share are the best bets. I want to keep it simple, so I'll leave it that. Thanks for maintaining the thread Jim. Sergio