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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: profit_guy who wrote (46379)	4/3/2002 1:52:10 PM
From: TREND1	Respond to of 99280

Let's take a look at what you are saying. (1)Nasdaq is in a DOWN CHANNEL. (2)Nasdaq is near bottom of Down Channel, so go long. (3) So you go against the major trend. (4) Sounds good ? (5) NO ! (6) Take a look at July-August-Sep 2001, when the nasdaq fell out of the then existing down channel. (7) Hey ! It's your money ! It's your call ! (8) I'll stay with buying when all the trends turn UP. Hope that helps ? Larry Dudash PS: And no ! The stop loss doesn't work because the lower channel keeps moving up and down during the day.IMHO.