SI
SI
discoversearch

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: UnBelievable who wrote (88235)12/23/2003 6:56:43 PM
From: AllansAlias  Respond to of 209892
 
That is a tall wall. Lots of worry. No trade comes from that. Has been so for more than a year. -g/ng



To: UnBelievable who wrote (88235)12/23/2003 6:58:31 PM
From: ajtj99  Respond to of 209892
 
I believe the only way you can make money in this market right this moment is by being cautiously irrational.

I guess that means long with stops.

Many folks did not know what a stop loss was in the bubble. For many people, stop loss was their margin call.



To: UnBelievable who wrote (88235)12/23/2003 7:01:04 PM
From: Walkbarr  Read Replies (3) | Respond to of 209892
 
You play it as you see it. When everyone is saying buy, that's when it's time to sell. The market makes the majority wrong every time. Just my opinion and everyone has one.



To: UnBelievable who wrote (88235)12/23/2003 7:21:28 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
UB, I think that the trade MM made is actually a good trade. Going long a breakout out of a declining wedge was the correct thing to do. It's a good example of "trading what you see, not what you think".