SI
SI
discoversearch

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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: kirby49 who wrote (7932)2/20/2002 2:13:22 AM
From: Now Shes Blonde  Read Replies (1) | Respond to of 36161
 
Jeez Bob...............................................................
RE:just don't try and hype that the economy is fine
OK.
RE:Your first few post's did not give me the impression that you're new to investing, far from it.
What's the saying, even a blind pig ...
Started in Jan of 99 with my SI membership, the price of oil was on it's way to $5/bbl ~ or so the world thought. I was thinking value.(Did I tell you I bought a $39 book for $7)I held some of the wrong stocks at the right time in the right sector and do not want to repeat the process. Have been listening to Iso and many others preach the top down approach and am trying to figure it out. I could be way off track with my interpretation. What did you say to me in your first post, nobody listens to me so don't you either.
RE:well you might see where you're going, but I'd say I can't see the forest for the trees
I considered answering, I'm not sure either and taking an easy way out but I won't do that.
Why the ratio stuff ? After reading this, jump to page 2:
crbindex.com
I thought the same ideas/analysis could be applied to sectors. (sector index x)/(the market)
Maybe by dividing a sector index and performing the same kind of trend line analysis used in the link, the analysis may provide some insight as to which sectors are strongest or lagging or turning. From the sector focus the shell game would shift from identifying the sectors that indicate strength and increasing momentum to identifying the stocks that comprise the sector(not necessarily an index componeent) that indicate strength and increasing momentum.
RE:then to compare them to individual components which are also part of those indices, not to mention the weighting factors within the index
I need to give that more thought. The goal would be, once a sector is identified, to pick the leaders within a sector and go with them. Right now though I would answer that for different time periods 1 week, 1 month, 6 months ~ the ratio with the largest % changes over time would present you with the strongest stocks in a sector. Also, the trendlines with the steepest slopes point to strength.
Moving on.
RE:Do you just reference TA books or have you read one
Both.Bought my first TA book in Nov 01.
I have the Encyclopedia of tech indicators~have skimmed it and picked some things out based on my current level of understanding.
I have the Encyclopedia or chart patterns have skimmed it also.
Am reading Tech analysis of stock trends, using this site I have stepped through the Dow theory in practice section, whew!:
moneycentral.msn.com.
Just started the John Murphy Intermarket tech analysis book(only $7), will start by skimming with a read later.
IMO these are not the easiest things to get through, but I like it.
RE:Elder, no. WHY? No wait, I don't want to ask you another question, I've learned my lesson. Disregard. (o:
RE:? Do you have a list of investing or trading rules and know how to follow them?
Kinda sorta not really.
RE:Peter has a great set of 10 or 12 rules bookmarked from someone here at SI that's terrific
I would like to see them.
RE:What are your thoughts on diversification
diworseification
RE:Do you have the time to daytrade?
Nope, and I don't think I want to. Well maybe.
RE:Can you stomach having people lie to you all day every day and tune it out?
You've met my husband.
RE:Have you read "The Battle for Investment Survival"? Written decades ago but revised by the author Gerald Loeb in '88, it's a classic, by a guy who was there in 29, and spent his life in the business. A great and easy read
No, will you sell it to me for $7.00?
RE:Do you know how the odds are stacked against you?
NO! again! What's my reading assignment?
RE:do you understand the dark side?
A Star wars question ?
RE:Do you know the who, what, where, when and why of the short sellers?
Probably not.
RE:Sorry for the long dissertation and all the questions
Just because you say you're sorry does not make it OK.
RE:but when you said you were a newbie, I thought I'd better find out where you're at before delving into hours and hours of chart analysis.
I've got hours in just answering this post!