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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (1338)1/23/1998 3:26:00 PM
From: Ted Downs  Read Replies (1) | Respond to of 18691
 
Mark,
I saw you just shorted csco. It looks like a top is in place around 60. what is your thinking on csco, since the chart didn't appear to me to be extremely negative, and now I've seen a little move up again with the market?

Ted



To: TATRADER who wrote (1338)1/23/1998 5:56:00 PM
From: CalculatedRisk  Respond to of 18691
 
Mark, re:FA and your comment "FA is old information". I disagree - true FA is forward looking: market growth, segmentation/positioning, competition, distribution, margin issues, impact of technological changes, etc...

IMO, FA is useless for day trading - but is the only way to invest long term. Some on this thread are day traders, others put on long term positions. We can co-exist! Take a look at ACLY ... TA probably says buy, FA says "short and hold".

Best Regards, Bill
P.S. Not trying to debate FA vs. TA. To each his own! Good Luck!