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 : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (59459)	5/12/2002 11:59:13 AM
From: stan_hughes	Read Replies (1) \| Respond to of 100058

Louis - Bear? Moi? Hmmmm, yeah, maybe. I fully realize that using long MAs creates lots of room in between all the oscillating noise that can lead to taking a beating while still being right about overall direction. This is why I still trade inside the lines, as do you. With that COMP chart, I was only trying to illustrate which MA values were governing the long wave action on the COMP. I always look at a 200 day (40 week) on any chart as a matter of course, but the 60 week pick on COMP arose by fitting that moving average and its 2 cohorts to the graph. Always amazing that it fits like a glove once you find the base average, though. I have a problem with Barron's logic that can dismiss the S&P drop as only the drag effect from IBM, GE, AOL and MSFT, as if they don't count or something. I guess nothing's wrong. Good luck to the small caps if the outlook for those four companies sucks. Maybe I should email the editors and remind them that household debt is now 79% of GDP, and that an employer in trouble turns generates employees in trouble, and those employees have already got more trouble than they can handle. Just more denial if you ask me. About why people seem to keep ignoring that the market is falling - after many years of enormous growth in the stock fund management industry, don't expect to hear those entrenched career fund managers to start telling their clients to vacate the equity markets anytime soon. They will come up with any reason they can think of for telling their clients to buy or stay in stocks - to do anything else would be vocationally suicidal. The only people who are going to survive this mess are going to be the ones thinking for themselves, not the ones taking advice from analysts and financial planners with ulterior motives. Where to go? I like some of the areas you mentioned too, but I figure why buy them now when we will be able to pick them up on the cheap soon enough. Like bidding for the assets of WCOM or Teleglobe or NTL.