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 : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (12359)	5/17/2002 10:45:11 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

how high do you feel this will go? and why? what would change your mind? view on Gold, and how could it rally with stocks? I am a very nervous long, fourtunatly I covered and went long day after CSCo, suffered for a week but now am getting some green?

To: J.T. who wrote (12359)	5/18/2002 1:30:26 AM
From: nsumir81	Respond to of 19219

My 'doctrine' (alleged) that life is guilt? Yokes? Being bullish more or less on the way down is ok. That is if one applies the right tools and instruments to trade out of it. Tools and instruments that do not apply pressure via margin calls and expirations. That afford one to stay in the position long enough until the objective is attained. And if one is gifted and occasionally lucky (there is such a thing as luck, isn't there?). Market calls are all relative to individual risk level AND the instruments that are employed to follow the objectives of those calls. Of course, nobody put a gun to anyone to come to any of these message boards. Let alone MITA. I found your board 2 years back through a search for something else. Why for that matter, nobody ever put a gun to anyone to EVEN TRADE for that matter. Or be involved with the markets. Of course, no one is exploiting anyone. Fancy me thinking our calls and opinions influence the masses and hence our results. Now wouldn't that be something? A code of death ? That can also mean being bullish during the entire downturn (more or less). Like some have been. So up markets have something to do with life itself? (to those whose livelihood depends on it, it might just very well be) And down markets have something to do with the opposite? It is about asset allocation, right? And earnings? And business cycles? And the self-serving pursuit of money? Or maybe it is the entwining of the outlook on life and the NASDAQ? Again..I was NOT referring to you in that post I made today. (despite my countering of your posts in the past) You may be right in the end. I concede that much. No unabashed bearishness from me like the unyielding bullishness of others. How 'noble' of me. <g> Came in late and will call it a night now. Best regards and good luck.

To: J.T. who wrote (12359)	5/20/2002 9:48:54 PM
From: bobby beara	Read Replies (1) \| Respond to of 19219

What is your plight? You got an axe to grind? <<< JT, i can tell you, that for every one person who digs you about your market position, there are probably 100's of lurkers that appreciate your rydex updates, i know i do. Not all criticism should be taken as a personal attack, you can learn from criticism. between true contrarian events there are trends, and contrarian events can come at levels, different than previous market cycles. I will point out the $5 breakout today in gold, for the longest time when the rydex gold fund got to 60K it was a dead player - sell it, short it, it has been over 60K for a good portion of 2002, and there has been nothing but consolidations and new uptrends. I have traded gold stocks on this run-up, but i would have done better just to hold em, oh well. the point is that you have to respect trends in place, and contrarian thinking needs to be tempered with other analysis. it's all a game in the end, just like monopoly, survivor, or hollywood squares. most of this fantasy and dysfunctional thinking in the financial press and in the trading pits, that moves markets is only slightly related to what happens on main st. and in our daily lives. one must keep a perspective