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: Jan Robert Wolansky who wrote (4644)1/7/1998 9:16:00 PM
From: Chris  Respond to of 42787
 
thxs for the posts gz, bob g. and jan...

i've been busy lately and not really watching the mkt lately.. had some bad trades this week and waiting until some real mkt direction to come to life (if any)..

I'm going to start looking at defensive sectors as well..

no need to get into the mkt.. ill be happy with my 5% money mkt fund <ggg>

hehehe

will post some charts and replies in a few hours..



To: Jan Robert Wolansky who wrote (4644)1/8/1998 3:33:00 AM
From: Chris  Read Replies (2) | Respond to of 42787
 
hi jan

looked at tmbs at online charting site.. looks good.. macd and rsi looks great.. looks like 14 as next resistance?

cbs.marketwatch.com

hope the above link shows everything.

i would watch that money flow.. i want it to see it continue to rise..

ok.. i just checked the weekly..
they dont seem that good on the weekly macd and weekly money flow..

to change to weekly.. go to DURATION and select 1 yr weekly.. awesome stuff when you look at things weekly..

maybe to 14 and that's it?? not sure..



To: Jan Robert Wolansky who wrote (4644)1/8/1998 10:31:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
i saw that you got hit with ntsc..

guess what??? i took a hit this week in that same stock (NTSC)

couple things that i failed to do:

1) look at weekly chart: still bearish
2) look at stochrsi 8,5.. it was up high. no power in the move

i got in on 1/5/97 on buy stop order. (above 50 day ma)

did you notice the bearish close on 1/5/97?? man.. if you buy a stock.. you want that stock to ZOOM UP.. none of this high open and low close.. what kind of breakout play is that?

so, i said "oh man.. im dead".. next day, i had sell stop in place and i got taken out..

lost $200 in one day

im so dumb.. traded against my own system..

anyways, cutting losses is key.. look at ntsc now... judging on the weekly chart, i see ntsc rallying in 2-4 weeks.. not now

when i say rallying.. i mean 20%-40% gains.. the weeklies really help you discern the small and the big moves.

it's ok.. im striving for 66% trade accuracy.. and i guess ntsc was my first loser..

im also selling out my sunw.. too risky when tech earnings are coming out next week.. no need to be in..

will look to sell out tomorrow (sunw)