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.

Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (5484)	6/25/1998 2:17:00 PM
From: the Chief	Read Replies (1) \| Respond to of 11676

Well John I retired at 46 on my theory of investing, because I use the KISS principle;(Keep It Simple Stupid) Sams statement is 30 times more logical than anything you have said so far. The charts can only help you if you stay atuned to volume increases, which may be; 1) A Blatant brokerage manipulation 2) An unsubstantiated rumour 3) Or renewed interest in a commodity as a result of a price swing. Your theories of 1.25 then 1.50 then 1.75 and back filling gaps between 1.75 and 2.50 and ZOOM $3.00 is chart "READING" not ANALYSIS. I could train a monkey to "READ" a chart. Correct pre-Analysis must be accompanied with the appropriate market reaction in all respects. So far your "reading" has resulted in a prediction of a stock going North, but it continues to head for "warmer climates". However, like all "bulls", who don't know that they are in a bear market, (minerals) you continue predicting 1.25 then 1.50 then 1.75 and back filling gaps between 1.75 and 2.50 and ZOOM $3.00 you may be RIGHT, but not because you have ANY skills at ANALYSIS, but through mere fact of repeating yourself!! Eventually the minerals will "recycle and you'll eventually be right! THATS NOT ANALYSIS ! That's fate! So my prediction was to get out of Commodity stocks quite awhile back, because of commodities toiletting, Asian FLU, etc. etc. I DIDN'T use one CHART, not one!!! I am starting to look at oil stocks again, but won't get sucked into the "false" rallies of a "promise" from OPEC. How I will determine when it is time is calling a few buddies down in some Ocean OIL delivery ports and ask them how many oil tankers are still parked out there waiting for "oil storage space ashore". NO CHARTS THERE EITHER!!!!!!!! the Chief