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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Solipsist who wrote (10958)	1/21/1998 8:20:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79262

Solipsist: You've asked the question of the ages: When to sell a runaway train like DANKY. Doug, as you may know, has developed a method for finding BUY and SELL signals for stocks in the stratosphere, but I don't think it can apply here, because a line that has to be drawn (which he calls the IL), cannot, as far as I can see at least, be drawn in this case. Why not decide each morning exactly how much profit you'd be content with, set the day's stop with your broker, then call in at 4:01 and find out if you're still in it. You'd do well, though, to direct the question to him instead of me. To paraphrase Picasso, others seek, Doug finds. I, for one, want nothing more than to be short DANKY. However, I will not short it until a) I see its last two uptrends broken, and b) the market itself is clearly stopping to take a breather. Ivan