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 : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: 0o0o0o0o who wrote (2624)	3/6/2005 2:25:47 PM
From: kodiak_bull	Read Replies (3) \| Respond to of 13449

I follow this thread and DB's valuable commentaries. In some ways his detailed commentaries remind me of hearing diagnosis by the medical community. It is measured, wise and to the point, but not necessarily written in everyday language. I have been discussing stocks with DB for about 8 years now, and his language is not mysterious or coded, to me. However, when I read some of the comments here, I cannot fail to believe that it represents a code which is apparently hard to crack. Let me review 2 charts in every day language. Here is TKLC: stockcharts.com[h,a]daclyiay[pb20!b40!f][vc60][iut!Lah10,30,5!Lc20]&pref=G This is the very definition of a stock in a downtrend. Can you, with TA, or moonphases, or magic dust, predict the end of a downtrend with greater chances than simply rolling the dice? No. Always assume that Newtonian physics, although under attack by the Quantum guys, still applies in markets. A body in motion stays in motion; that is the way to play any stock, index, or other financial instrument. Here is an instrument in an uptrend, OIH: stockcharts.com[h,a]daclyiay[pb20!b40!f][vc60][iut!Lah10,30,5!Lc20]&pref=G Calling the top, or a topping pattern, in the OIH on this chart is, if not financial suicide, then financial gambling at the edge. Doing this is actually lining up the probabilities against you. Kb

To: 0o0o0o0o who wrote (2624)	3/6/2005 8:37:48 PM
From: chowder	Read Replies (1) \| Respond to of 13449

Welcome aboard Double O. I can see why the TKLC chart is appealing to some. There are those who like to "anticipate" where a price may turn and a long term price support level is as good as any. There are as many strategies to buy and sell stocks as there are personalities. Some styles are aggressive, others conservative. So that there isn't any misunderstanding for those who read this message board, a long term buy on TKLC, at this point, based on technical analysis alone is an aggressive strategy. And it may work too. I won't dispute that. My analysis is based on a more conservative approach. I prefer to see some confirmation that a bottom is in and I would prefer to see that confirmation in the form of a base. We can both have the correct strategy but our entries may provide you with a larger gain than me if we are right. However, if we are wrong, I will have a smaller loss if we put money management strategies aside for the moment. I hope the trade works out for you. I'll keep an eye on it and cheer you on. Monthly chart: stockcharts.com[h,a]maclyiay[pb50!b10!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum