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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: jimpuntagorda who wrote (143393)	4/3/2020 12:55:20 PM
From: GROUND ZERO™	2 Recommendations Recommended By Hawkmoon kimberley Read Replies (1) \| Respond to of 222165

That wouldn't be the first time that would happen for me if that happened, but going from day to day is very risky and maybe possibly too short sighted... I took a chance also at a long position but then also got taken out, I'm not going to feel anything one way or the other regardless of what happens on Monday... The main thing I'm watching is the weekly ratio which I most surely thought would turn bullish today, but that's my big surprise... i don't plan on trying any additional long positions until that ratio gives me the green light, otherwise we'll rally, then fade, then rally, then fade, I'm not looking for a roller coast ride... I would much rather miss a few points, presuming it does rally, than ride a high risk trade against the overall trend... I'm only sharing with you about my own personal strategy since that's the only one I can talk about... Sometime being patient pays off in the long run... Once I get a positive weekly ratio reading, I plan to buy aggressively, but right now it's still way too risky... My near term light losses will more than be recouped after the green light is given... Meanwhile, I hold my SOX spread which is working nicely and will make a killing once that green light is given... GZ