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 : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: David Smith who wrote (873)	12/27/1997 6:06:00 PM
From: Doug R	Respond to of 2377

I did not review the thread charter before Sergio started it. If you have a problem with the thread charter I suggest you E-mail Sergio. Moot market makers: As MVSI was approaching a breakout that I spotted at least a month in advance I advised the thread to ignore a probable shakeout that was due. The shakeout occurred, the stock broke out and doubled in 3 days. One trade does not make or break a chart. I use charts going back at least 10 years whenever possible. Tell me a trade from one mm to another will affect that. As for MSFT, I said one trade will affect the technicals, not the price. I also stated that patterns in the technical indicators are what I work with. I stated that a pattern breakout in the technicals can be prevented by one 83 share trade. Even a 1 share trade. Some potential breakouts also run out of time. These technical patterns are not created by any single trade but are formed over days, weeks and even months. It is the activity in the stock as the patterns run their course that I am interested in. You have no idea what I'm talking about and I am coming to the conclusion that you are incapable of understanding. Doug R