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.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Robert O who wrote (378)12/30/2013 12:59:15 PM
From: Kirk ©  Read Replies (1) | Respond to of 26581
 
Hi Robert

Welcome to our little group.

I'm more of an investor than a trader, but I've found some success trading around my core investment positions for added return. I'd say my favorite trading books to help on my Recommended Reading List

are:
  1. Contrarian Investment Strategies - The Next Generation
    Shows analysts really don't have a clue so I track what they are saying in my newsletter and often look for major changes in their direction for clues.
  2. Technical Analysis of Stock Trends
    Edwards and Magee is considered one of the bibles of technical analysis. I use it often to help me pick buy and sell targets for stock in my "explore portfolio.



To: Robert O who wrote (378)12/30/2013 1:19:58 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Blasher

  Respond to of 26581
 
Robert, I think the a person should have a trustworthy and reliable market timing instrument... then, they should follow it like a loyal puppy dog and ignore everything else...

i can only think of that WW II Navy flight training group referred to as flight 19 that was lost over the "Bermuda Triangle"... frankly, if they followed their instruments, they would not have become lost... they chose to ignore their dashboard instruments and trusted their eyes instead, that was their fatal mistake... their instruments told them they heading north and were over the Bahama chain of islands east of the Florida coast, at that point they should have turned west and headed safely for land... but when they saw those islands, they ignored their instruments and thought they were flying over the Florida Keys, so they continued north instead of turning west towards land, and they ran out of fuel out in the ocean...

My point is to follow your market instruments and ignore everything else...

GZ