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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (45197)	5/28/1998 3:40:00 PM
From: jimleon	Read Replies (1) \| Respond to of 176387

Chuzz, STOP with the good example of buy/hold versus TA. I thought I could get $250 out of a TA!!!!!!! Ok, I will raise the bet by one dollar each day.

To: Chuzzlewit who wrote (45197)	5/28/1998 3:51:00 PM
From: Lee	Read Replies (2) \| Respond to of 176387

Hi Chuzz,..Re:<<TA>> I appreciate all views on this as I use TA for bonds along with FA and have found simple indicators to be fairly effective; however, I have no experience in stocks and therefore can't comment. The other reason is that we see regular indications of success via this mail list but these are primarily for commodities, i.e. currencies, grains, bonds, S&P. Therefore, I'm caught exactly in the middle since Pete goes strictly by TA but I know that it also has to be supplemented by Fa for bonds for it to work, but on Dell it's obvious that a buy and hold strategy far exceeds trading in and out. Only when I look at charts like INTC, I can see that trading would have been better than buy and hold. (I bought and held)! At the end of the year, it was up something like 3%; however, from the looks of the chart, one could have at least gotten in at 68+ in Dec and claimed some gains in Feb. 94 level. I am just trying to learn all I can about maximizing gains and minimizing losses and I see that TA works on bonds. (Probably because everybody uses it?). Also, charts only show history this is true, but sometimes they also show clues about the next move, like on divergences. Divergences, for instance, occur when the bonds are making new highs and the stochastics are not. Sometimes, this is a good signal for a change. Finally, I don't argue with your evaluation of TA, only that some of us still would like to learn and have a very difficult time resolving the conflicts like (intc vs Dell). Your remarks didn't offend since I know that you have studied this more thoroughly than me, I just have to find out for myself. Also some terminology is generally accepted and when I hear the term 'overbought' I generally know that buying has dried up. It's just an adjective to describe a point where something doesn't go up anymore. Best, Lee