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: Zeev Hed who wrote (80332)	6/18/2002 6:11:07 PM
From: Pierre	Respond to of 99280

Zeev: Thanks for the update. No, I'm not ready to declare myself a dark sider. However, not adverse to taking some easy shots when things line up while waiting for the bottom here. The stocks I mentioned were in solid down trends and had rallied to resistance points so seemed like fairly safe plays - tight stops just above resistance. I don't suppose there's any reason one can't sell rallies in a down trend the same way one buys pull backs in an up trend. One thing I've noticed, however. When one plays against the trend, as you've been doing as the NAZ retreats, the counter moves are more volatile. More bang for your buck, so to speak. I suspect that has a lot to do with how you generate such good over all numbers buying stocks that are retreating. At any rate, I'm watching a lot, learning a little - and applying on occasion. Thanks for the many lessons. Pierre