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 : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2852)	8/26/2003 10:08:40 PM
From: Ken W	Respond to of 23958

Sergio Thanks for updating the BLTIE short position. <GGGGGGGG> Just for grins and discussion on your Value Line article. They condridict themselves here: "This is one of the reasons why Seiver uses any VLMAP drop to 50 percent or below as a sell signal. With appreciation potential that low, it doesn't pay to incur the risks of stock ownership. Though Value Line does not divulge all the reasons that go into its market timing recommendation, it would appear that it interprets the VLMAP in broadly similar ways. In Friday's issue, Value Line wrote: "the market, which was attractively valued six or nine months ago, now looks pricey, ... since much of the favorable news on the economy and earnings still lies in the future... The market has come too far too fast to continue along this road without some profit taking along the way. We would take a cautious investment posture now, as a result." How has VLMAP performed over the past several years? Using Seiver's guidelines, the VLMAP issued buy signals in October 2001, July 2002, and October 2002, since on each of these occasions it rose to 100 percent or more. To be sure, the jury is still out on those signals, since a full four years have not passed since any of these buy signals. Nevertheless, the stock market today is higher than it was on each of these three buy signals." Taking a four year view of something should be just that, a four year view, not buy now with a four year view and then 9 months later say the market is pricey and your next four year view is too risky!!! I really like the statement about the "reasons" that they issue market timing recommendations....ROFL, because they are traders! just like the rest of us. Would I use their recommendations to short the QQQ's...nope, so long as it holds the higher lows going back over 1700 then the market is going higher. LOL Ken