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.

Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: majormember who wrote (1716)	10/16/1998 12:46:00 PM
From: HeyRainier	Respond to of 4140

Rainier is busy studying for exams to be an analyst. (Lifting head from a book) Hi guys. Good to see the faith is still there for the long term holders. The potential for SNRS is unquestionable from a fundamental standpoint, but it is critical to harmonize one's position with the trend. Being a long term holder when the stock is on a downward path invites much pain, as I'm sure many of us have experienced. Trends exist for a reason, but whether it is derived from a rational or irrational basis, it just tends to continue, bringing down those who trade against it, and enriching those who harness it. I believe the concepts of good money management will play a significant role in preventing one from exposing oneself to too much risk. While it may be too late for some of the other holders, here's an example for the position trader willing to place a large bet on the stock: be willing to commit only one-third of intended funds in the circumstances where the winter season has beset the stock. Stocks go up and down; seasons come and go. Allocate accordingly based on the trend. Scale your position in accordingly. Once that downtrend is broken, scale in the next one-third of your position. Not often do stocks just V-reverse, so they often chop around for a little bit in a base. Once that base is broken to the upside, then the final one-third of funds can be committed. The decommittment of funds works in an opposite fashion. Of course this all means that you are able to accurately assess the trend. For SNRS holders, that trend can easily be defined. The current characteristics of the stock given the trend since July allow for the issue to participate only mildly in market up-days, and a bit more aggressively on the down-days. That tends to creates a negative, mean statistical return on a daily basis--at least until the trend changes. For those who are good with games of chance, particularly blackjack, you will be familiar with the concept of placing the smallest bet when you have assessed the statistical odds for a blackjack to be low, and vice versa. Bet with the odds; bet with the what the statistics are telling you; bet with the trend. Regards, Rainier

To: majormember who wrote (1716)	10/17/1998 11:41:00 PM
From: Loren	Read Replies (1) \| Respond to of 4140

Skane - Loren's still here, just watching and waiting... I haven't posted regarding the TA of SNRS lately, simply because the TA on the broad market stinks so much... to me, it kind of makes SNRS's TA a moot point... I'm watching broad indices, like the NASDAQ index and the Value Line Index, and none of them show anything that makes me want to be in the market (I've been 85% cash through this market downturn...). Once the broad market shapes up, and I want to convert some of my cash to stocks, THEN I'll be looking at SNRS's TA to see if SNRS is to be one of my positions... I'm looking for great things from SNRS in the longer-term future... but I'm letting the charts guide me in the short- to medium-term. Loren