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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: ftth who wrote (1038)5/30/1998 9:53:00 PM
From: HeyRainier  Read Replies (2) | Respond to of 1720
 
[ End of Quarter Thoughts...]

The end of the first half of the year is upon us, and the numbers are in. For the first six months of 1998, my trades have appreciated my portfolio by 75.5%.

I'm thinking of starting off the next half year on a clean slate...perhaps on a new thread dedicated to trading. Shall it be called...the Rational Trader? Dave, Scott, Ray...you guys have been with me for a while, and I've enjoyed every day of it. Think you can join in if it gets the green light?

And Susan, Franco, Wink, and others...I've enjoyed your input so much. It would be a treat to have you join in as well.

Just some thoughts that are brewing in this head of mine. Needless to say, it's going to likely be a big commitment and scary on my part. I'm not a daytrader (just sometimes), and the time between trades may take weeks. Just like in Susan's link:

...govenment statistics show that during the Vietnam war, American infantry burnt up 200,000 rounds to get a single body count....whereas the trained sniper averaged 1.3 bullets per kill.

That's us.

Regards,

Rainier



To: ftth who wrote (1038)5/31/1998 1:14:00 AM
From: HeyRainier  Read Replies (2) | Respond to of 1720
 
[ Advance-Decline Line: EDITED! ]

Here's an important technical indicator that I read about frequently in Technically Speaking: tips and strategies from 16 top analysts: the Advance-Decline Line.

Here's an interesting interpretation of it, along with chart examples:

decisionpoint.com

Click on the bottom three links on the page to see what I'm talking about.

And for all you A/D line fans, here's a nice link to the A/D line relative to the current market:

decisionpoint.com

I can't seem to find the symbol that has the Advances-minus-Declines line for the NYSE, Nasdaq, and the AMEX on my SuperCharts downloader. If anyone can help, I would greatly appreciate it. (I can't make any sense out of the existing symbols, or am I just getting a bad data feed?)

Regards,

Rainier