SI
SI
discoversearch

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 : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (1488)10/23/1998 3:59:00 PM
From: Wink  Read Replies (2) | Respond to of 1720
 
[QSNDF]

I pulled the trigger and sold a little late on this one. The Harami on Wednesday told me to sell on Thursday but I got greedy and tried to get $2.00 (it peaked at 1 31/32). Confirmation of the Harami came yesterday telling me I waited too long. Instead of making 50%, I only made 35%, but for a one week trade it was much better than watching my other micro-stocks get punished.

The next time I will listen to the charts, and take my own advice, which was that the Stochastics had already confirmed and not to wait for confirmation on a Harami. (I also was fooled a bit by MACD, which was still approaching a crossover.)

Thanks for turning me on to Candlesticks! Like I said, a day to read and a lifetime to master (if your lucky)! ;>)



To: HeyRainier who wrote (1488)10/24/1998 10:07:00 AM
From: sandbag  Read Replies (1) | Respond to of 1720
 
Rainier,

Regarding RADAF and your inverted indicators, you said,

>>If it's "bullish" on this chart, would I want to "short" it?<<

Is this a rhetorical question, or can you enlighten us as to your thoughts on whether you believe the TA part will work doing this?

Looking at your chart, I am inclined to say yes, I would short it.

I assume, and please correct me, is that you did not invert the indicators that give both sides of the story already, i.e. MACD, stochastic, etc. But am curious as to which indicators you did invert.

Best
Sandbag