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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (18523)4/10/2024 8:17:14 PM
From: da_spot  Read Replies (1) | Respond to of 26411
 
Sun, I don't often daytrade either. I'm more inclined to build positions.

I love William O'Neil's methodology. When you find those true market leaders, it is a wondrous ride. Silvergate (SI) will always hold a warm spot in my heart:)



To: Sun Tzu who wrote (18523)4/11/2024 11:38:00 AM
From: da_spot  Read Replies (2) | Respond to of 26411
 
Well, I admit I'm not brave like you, Sun. I'm not shorting NVDA so I'm moving to the sidelines with what I have.

My logic is simple; weekly chart rarely had more than 2 red candles in a row. IMO, a red candle this week would seem like it has lost its market leader status and that doesn't seem likely after 10+ green weeks.


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