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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Al Greenleaf who wrote (4029)12/4/1997 10:06:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
Hi al,

great to see you posting here.. basically, cash IS king. wait a while until the dust settles.. no rush to get in..

if you DO decide to trade, then look for short-term trades (1-4 days).. lately, i was in IBM.. what i did was time the DOW.. that way, the chance was higher that ibm would rally along with the other dow components.

Well, i came up with "6-7 day" cycle. meaning, every 6 days, djia make a turn in trend.

now, i dont know if 6-7 day cycle applies now.. but 2 weeks ago.. it worked pretty well..

==============
stay safe.. just wanted to share with you some ideas...

russell 2000 and naz have lagged behind the dow. this is due to the foriegn money going into the "safer" dow stocks.. logical...

Chris



To: Al Greenleaf who wrote (4029)12/4/1997 10:09:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
again, here is a great site:

coolhistory.com

comments were updated today.. i've noticed we have "rising wedge" pattern in his analysis..

ifi recall correctly, rising wedge is bad?? i'll have to refer to my TA books.