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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Michael Turner who wrote (18972)	7/17/1998 4:39:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Mike-- Look around you and if you go by any of the so called dividend yield or price to book or established method of palying these markets you would be perpetually shot. You give this thread to an auditor since inception and go thru my recommendations since 29th April 1997 on individual stocks and indexes you will find a story of consistent performance, on 30th June my returns were down since PSE/SOX was down but in last 16 days with TXN SOX INTC taking off my returns are more like what I wanted them. Now these kind of returns and consistent calls on up and down days are based on my own proprietry global alert systems- looking into macro-economic issues (most of the economist gurus like Krugman and BCA) failed to see this that technology driven market has broken the inflation-employment relationship. We coined this term strong economy means strong numbers and whenever we had dips on strong economy went in big. The charts are good indicators only if you know your fundamentals well, turnarounds at broken supports are points where I have seen people going wrong time and time again- like shorting at 990 and again at 1715 obn composite- for me it was no big brainer to find that here lies the biggest opportunity. It is inter- polation of global indexes , and practical study and application of macro-economics issues to the get the right read on the market. Ticks, Trins what is this I don't know? I see it on my Yahoo US market chart all the time I have never treated it with seriousness nor have any plans to do it in future this hot shot stuff is an indicator which will alert every one in the town for a break I try to avoid signals that are universally acceptable because I need for my strategy a solid two or three days advance notice. I don't even have any paid subscription to the exotic charts things -- but I do look very closely at margins and rev growth. I do follow a list of ten stocks religiuosly and ofcourse composite, SP charts, and other of my little paraphanalia I talk about is also significantly important.I work within ranges and establish key points of as move with an objective of knowing at what level an S&P pit man would try to sell and why. it is these very simple plus my 20 years experience in tradingthat I run my little un-pretentious thread for my friends and myself. I think it is too early in the day to call my exoerience a success I need to establish this record for far too long. I still think lot has to be done.Thanks I hope I have been able to give you some explanations which may help you understand. last but not the least is KISS in life, keep it simple silly.