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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (26716)11/25/1998 5:25:00 PM
From: Paul V.  Read Replies (2) | Respond to of 70976
 
Jacob, I really use and eclectic method which combined all I have comprehended from my formal education in economics 101 (supply and demand) in the use of Dorsey Wright (Tom Dorsey) and basic statistics and from additional learning fundamental analysis (NAIC), William O'Neil's Investor's Business Daily method, the book I believe you posted, The Gorilla Game, regarding buying Gorrilla's, and the research we collectively share on this site together (Gottfried, Teri, Brian, Big Bucks, John L., Lester E., Tito, you and others, and on the Point and Figure Charting site, Duke60, Wizzard, Jan and Tom Dorsey.

I try to stay away from the emotional aspect as much as possible by going the statistical route but consider the downside risk vrs the upside gain. Fundamentally, there was no reason that AMAT should have not gone lower in price than 1996. The only thing which gave us such an indication was the IBD relative strength data chart which I created from track the IBD daily. It indicated that the relative strength was holding up and will provide a good reference for us in the future.

I have been lucky so far.

Just my opinions

Paul V



To: Jacob Snyder who wrote (26716)11/26/1998 12:12:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 70976
 
HAPPY THANKSGIVING EVERYONE!