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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (16630)	1/27/1998 12:55:00 PM
From: Judy	Read Replies (1) \| Respond to of 50167

Electric First let me say that IBM is a stock I follow technically but do not trade now. These days I trade only stocks that I plan to acquire as investments along the line. Having said that, I often employ this strategy FWIW: First bounce off the 200-day ema is usually reliable for strong stocks, after the bad news subside. Scalp it on the long side when buy volume returns. Second bounce off the 200-day ema is medium risk, often tradeable since institutions take time to distribute. Third or more rebounds off the 200-day ema ... only idiots take this risk.