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 : IBM -- Ignore unavailable to you. Want to Upgrade?

To: Larry Anthony who wrote (3818)	9/12/1998 12:49:00 PM
From: J R KARY	Read Replies (1) \| Respond to of 8218

Confused by charts ? maybe the news can determine trends ? Greenspan speaks Tuesday and options expire Friday , plus IBM does better in the 2nd half of its year . Can you spot a short term trend for this week ? ; a 6 month one ? Regards, Jim K.

To: Larry Anthony who wrote (3818)	9/13/1998 10:03:00 AM
From: Greg R	Read Replies (1) \| Respond to of 8218

Larry - Yes, detecting the end is the same as the beginning. The difference is that at the beginning I am in control and can decide whether the purchase/sell price is good enough that I will be guaranteed a sufficiently large win to offset any remaining risk. On the last half, the reverse is not true as I cannot control the price I will eventually sell/purchase at as I am more at the mercy of the markets. All I know is how far the price must go and can go, but not how far it will actually go. Often (not always) how far it must go is insufficient to guarantee a sufficiently large win for safety. The other day, when I choose to sell IBM at $126.625+ I knew the price would go down to something in the range of $109 to $117. Therefore I would make sufficient money regardless.