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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (9681)	4/2/1999 11:31:00 PM
From: Les H	Respond to of 99985

If you're using funds, you can go the sector route such as Invesco, Icon, or Rydex funds. Potomac has recently added a leveraged small cap index fund.

To: Casaubon who wrote (9681)	4/3/1999 2:06:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Sorry, I guess I need o add a clarification on my signals. Class 3 is the weakest and class one signals are the strongest. However, these are based on simple over bought and oversold indicators. I use Moving average crossovers, chart patterns and trendlines for actual entries and exits along with gut feels <g>. I am still refining many of those signals so take them with a grain of salt. Note many over sold stocks continue to drop ( I have one that has been signalling a class one buy for the last 2 weeks and it just keeps dropping and AOL has signaled multiple sell signals for over a week. Strong Mo Mo can over come normal ranges of fear and greed. My signals are NOT based on strength but a mix of stochastics and Chandes Momentum Oscillator. They are designed to mostly just alert me to possibilities of trades and when running through my charts which are many, a general feel as to if the market and/or sector is over stretched one way or the other. Most of the sector Indexes have options on them that you can trade. Most of them have low volume however so you have to be willing to be at the mercy of the pit. No splitting bids on most of them. Still when strong moves are likely, it usually doesn't matter since they have to pay up or give you cash once you are in the money. I often find a good index and if the premiums are too high, just find the leading stocks as a proxy and trade that instead. PS - I don't think LG was going to make the site announcement until later and I had to create a new folder for those charts that is not the same as my normal sector chart folder so I am still refining trendlines etc. That was just a first glance shot to get the site up and start debugging. PLease take my charts with extra salt for the first few weeks as I am extremely busy at work, with other projects, my own site, and getting the steering back in my little British car so I can drive it as the weather warms up.(I love the spring time for the mountain roads <ggg>) Good Luck, Lee

To: Casaubon who wrote (9681)	4/3/1999 2:57:00 AM
From: Mr. Aloha	Read Replies (2) \| Respond to of 99985

You can use sector SPDR tracking stocks, which trade just like stocks, except I believe you can short on a downtick. See this thread for details: Subject 24440 Mr. Aloha

To: Casaubon who wrote (9681)	4/4/1999 3:53:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Hi Casaubon Sorry that it took me this long to get back to you. I am not in the same position that you are. I don't have the method available to shift any of my 401k funds over to IRA. If I did, the first thing that I would be doing would be to find a brokerage that would allow me to sell covered calls in a IRA. I've been looking real hard at the CC method. It looks to me like I could expect to see about 6% per month return. That's 72% annual return. With a 6% monthly return starting with $50k in the account you could: Leave all of the principal to accumulate for the first eighteen months and then be able to pull out $6k per month without touching the principal. Or just withdraw 50% of the gain each month after the first eighteen months. This would start you out with a $3k per month "paycheck" which would grow at a rate of 3% per month (36% annual COL adjustment <G>) To take a good look at this method check out this subject: #Subject-12574 I'm currently working over a method by way of paper trades. So far it looks like a monthly return of ~12%! The 401k that I trade is an employee benefit plan. To do any changes in the account can take as long as three days to transact. Because of the time lag, donalds class buy/sell triggers are of special interest to me with their three day time frames. As I said with every statement above, these are the things that I would do if I currently could. To determine if the above method makes sense for you, you will need to do your own groundwork. Gersh