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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (7932)1/22/1998 2:56:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 12039
 
I found the "anchored" MA to be interesting, at least from what I read about it so far in an introduction to it that is available on the web. But I have not decided yet if MIDAS will work for me.

This software development project that I am working on has consumed the remaining of my 3G of disk storage space, and that is after I have removed both the Metastock and Quotes-Plus databases. I remember years ago running the entire processing of a company on a minicomputer (the size of several file cabinets) that had less than 3G of storage space. The day of the "fat" application is here. Just one of my software development tools occupies over 450M of disk space. So I am going to have to break down and purchase a new 3G drive to bring up my disk space capacity to over 5G in order for me to run my TA applications and scans. This may be just in time for the market.

I see the market is still in its basing pattern. This is good. The longer the basing pattern, the better the results will likely be in the form of a new bull trend. I think the volitility has been misleading some people. I know there are investor types that are a bit nervous about the market volitility. Hopefully, this will not keep the fundies out of the game much longer. I recently have seen evidence of money moving from the bond market back into the stock market. So I think we should expect the bond and stock markets to remain decoupled for a while longer. I would not think it smart to be long in the long bond right now.

Thanks for the TASC reference. I still have a subscription to this magazine that should be running out shortly. Hmm...I may have to go to the bookstore for this issue.

Bob Graham