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 : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (40190)	4/18/2024 8:47:24 AM
From: skinowski	1 Recommendation Recommended By robert b furman Respond to of 41469

Corrections can be shallow and rambling - or, sharp and scary - and many things in between. A Flat can be both - corrective looking A and B - followed by an impulsive C. So, yeah, we may be near the start of a B. But, alternatively, this may prove to be a ranging, time consuming Triangle. Or, the market may decide to simply resume the underlying trend. I’m trying to refrain from trading short term. If I take a position, I have to “monitor” it - and before long, I start checking the markets several times a day. And, I think I deserve some peace of mind. Read a book, take a walk - and other such things. Lately, when I see a correction coming, I decrease exposure - and try to sit it out. If I’m wrong and it’s not a correction - but more like a serious reversal - that’s where some simple trend following ought to kick in - and save the day :) There are as many ways to play the game as there are players. No hard rules - except for one: watch the bottom line. Don’t stay wrong for too long. …the weather IS nice. The spring is a bit late, but it’s nice and gentle. No storm season in sight as yet :)