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.

Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (2029)	2/26/1998 3:22:00 PM
From: Jumper	Read Replies (1) \| Respond to of 8545

TLindt, I hope the chartheads short her right here :) We may need some extra buying to propel us through 30 to 35 which is my next target. I am amazed at how many people us TA as a sole instrument to enter and exit a trade. Bonnie Bear said it best "Sort of like flying a plane when you can't see the ground" Research indicates that Bull Manias foster chartheads who eventually light large fires of paper graphs as those profits go up in smoke. - You see what you want to see. May be flying compaqs and junky GTW's this time around from no-brainers who use vectorvest & other worthless models to invest. On countless occasions I have shorted stocks that were breaking out on a TA basis because I believed money was coming out of the stock. My hunch is the opposite here- each quarter the picture becomes more focused and I will add if the Fortune article crashes my ZONA short. As of late I see a lot of chartheads taking it in the nappie- i.e. CREAF TA' buffs sold at 18 only to buy the next day when MM opened her up at around 22. I fail to see see the logic in this but I'm the rookie :) 2 Much Volume to be nothing. We will soon see what the racket is about.