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 : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (8471)	11/23/2005 1:47:03 PM
From: wmwmw	Read Replies (2) \| Respond to of 12411

GZ, do you use 10/3 as high? What if you use 9/12 high and 10/13 low? What are time and price at vertical if you use 9/12 high as center? I have been suspecting for some reason market broke one process into two parts. From 9/22 to 10/3 was something abnormal and should be eliminated. My best guess is some funds use 9/30 as their end of calendar year and some window dressing activities prevented market from falling immediately for the period during 9/22 to 10/3.

To: GROUND ZERO™ who wrote (8471)	11/23/2005 3:56:55 PM
From: Kirk ©	Read Replies (3) \| Respond to of 12411

"Since you're keeping a log, you can put me down for getting stopped out at 1268.00, 6 points was all I was willing to risk here... and there is a system for that aspect, but first of all I already got out of the initial trade at 1232.00 a week ago because I had little time to monitor the markets last week, way too many meetings... but, the way to exit in this kind of market is to use a trailing stop below the low of each previous day..." So Noted: home.netcom.com One thing I've seen good traders do is quickly identify when they are wrong so they can wait to get with the trend correctly when it matters. Only 6 pts is tiny. Myself, I finally took profits in a stock that was up quite a bit YTD, HPQ. Bought GE on the Oct 12th low so I think I captured the full rally from the low to today. It just feels like a top here unless we get a melt-up.... I pretty much stay at 70:30 asset allocation all the time but trade around the long term core positions. I did buy a small position in NNVC yesterday to play the bird flu thing and the technical correction the stock had. Nice gain but just a tiny position. See suite101.com This could be huge... or not. Pink sheets are that way!