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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (22714)	7/30/1998 10:47:00 AM
From: robert b furman	Respond to of 94695

Hi Don This may sound like I am alittle nerdy but I have written down high and lows for a really long time.At first I thought I would use it as a selling tool.To keep it as any kind of timing tool I used a 3 day moving average. On the naz new lows march april of 97 peaked at 190 july 96 peaked at 290 Hope this helps - New lows currently are very similar to past corrections. Don't think this is real indicator but I do use it as a timing device to make perfect buys (if a correction) perfectly bad if a crash I think an awareness of many indexes with high and lows as an entry timing device is pretty reliable. I think all corrections are intended to look like crashes.It takes courage to buy into these times.so far it has beenvery rewarding over the long term. If you buy in corrections and shake off greed at tops you will become rich.This is not a time to be selling it is time to buy the dips. Hope like heck it isn't the B.K. I see corporate america making very good steady money in this environment. BWDIK Bob