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 : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (2478)	12/30/1998 10:07:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 3339

The head and shoulders on Dow was obvious and SPX was heading down with a second lower top. So I was very short which lost me a stack of money. I am now been trying to reposition and getting pretty skeptical of the usefulness of these traditional patterns. Sometimes you see one that is working and then you can try to get on board before the move is over. But without a tremendous amount of experience and even with that I don't think you can rely on such formations to make all your decisions. Maybe things were more predictable back in E&Ms day and in todays bigger market there is more efficiency and the patterns less often develop as expected. David