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.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: gravity rules who wrote (12540)2/20/2002 12:00:00 PM
From: jim_p  Respond to of 23153
 
stockcharts.com|B



To: gravity rules who wrote (12540)2/20/2002 2:50:53 PM
From: chowder  Respond to of 23153
 
HAR, HAR, HAR!

Stop picking on me or I'll have my pet monkey get you.

Seriously, as I've been mentioning all along, your goals and objectives determine whether you short the homeboys and for how long.

Some people have been scalping them for the last month. Based on my e-mail response, although they were successful, they admit the results weren't worth the stress of swimming against the tide.

I've read that 70% of a stock's price movement occurs in a 20% time frame. It's this time frame that I and some others here want to focus on and try to perfect.

Will the homeboys give up ground? Sure!

Can you make money fighting the trend? Sure!

In being consistent with my analysis from the very beginning, I still say a better short is when the homeboys break major levels of support.

Those levels may be broken today, in which case I would think momentum will pick up to the downside. I'd wait until near the close though, but that's just me.

As you know, I'm happy for your KA-CHING! Let's hope we have many more together.

dabum