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 : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: coferspeculator who wrote (45)	4/27/2004 8:02:00 AM
From: coferspeculator	Respond to of 14340

Wyckoff Simplified The fastest, easiest and least risky means of making money in the market is to identify a change in trend and take a position in the stocks that are most likely to move the fastest and the furthest in the shortest period of time. Wyckoff or any other successful technical basis of speculating practices this process. Three major steps are required to do this. 1) Determine the trend of the market for the period of time in which which you wish to trade. Long term (months to years); Intermediate term (several weeks to several months); or short term (several days to several weeks). 2) Make up a list of stocks that will move the fastest and furthest within the time frame of the trade - short or intermediate or long term. 3) Time the speculation with a turn in the trend for the short, intermediate or long term. There are two prime times to do so: a) Go long when a reaction in an up trending market ends or go short when a rally in a down trending market ends. b) Go long when the market exits a trading range to the upside or go short when the market exits a trading range to the downside. The purpose of this message board is to identify these situations. A considerable amount of time is required to identify these situations so anyone wishing to post their ideas about the position and trend of the market or stocks is most welcome to do so.

To: coferspeculator who wrote (45)	4/28/2004 8:05:01 AM
From: coferspeculator	Read Replies (1) \| Respond to of 14340

Watch List Stocks-Activity for April 27 CLS,SII,NOI,ATVI,MHP,BAX,VRTS,TROW BAX-Has begun its backup after jumping the creek. Its next target is $40 for the current phase. NOI-Traded higher with an increased spread and closed in the middle of the range as it attempts to achieve its more aggressive target of $33 from the LPS at $23. Having over achieved the conservative $28 target and then backed up to the demand line above the half way point as the market became oversold, it offered over 20% for those willing to take a position at that time. At $29 a stepping stone count offered the possibility of $33-$36. Todays action could be an upthrust so careful attention should be given to the action in the coming days. Positions taken in the $27 should be protected and stops should be raised to guarantee a profit. ATVI-Has begun its backup and today had a spring. This one has attained its most conservative targets and offers higher targets providing returns over 30% from todays spring position.