| An SI Board Since June 1999 |
| Emcee:
J.T.
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Type:
Unmoderated
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THE GOAL of this thread is simple: 1) utilize TECHNICAL ANALYSIS on multiple MARKET INDEXES (and stocks in those indexes) by establishing clear support/resistance levels; 2) formulate strategies on index data (MITA)in order to take advantage of early opportunity/warning signs for changes in major market direction (macro-TA), or specific individual index for break-out/break-down plays that could be exploited(micro-TA); 3) initiate trading opportunites in both directions that will ideally stack the deck in our favor and give us the greatest potential for optimum growth; 4) keep it simple. I am not going to discuss exotic option strategies. Call your broker or do your own due diligence, or simply go to a thread dealing in options. These simple ideas are either long or short, calls or puts. You can develop your own strategies from these clear-cut, straight-talk index observations.
WHO CAN BENEFIT from this thread: 1) the novice, who is simply looking to learn more about the market and its mechanics. I would suggest paper-trading for practice before entering individual trades for real. 2) the trader, who wants a second opinion right or wrong about market direction or specific stock or stock index. 3) the expert, who wants to use this thread as a contrary indicator or sentiment guage. In short, anyone can benefit if they even get 1 idea out of this thread that they can benefit or trade from to optimize returns.
DISCLOSURES: 1) Do your own DUE DILIGENCE. NEVER, NEVER enter a trade simply because I may like it or somebody else thinks a trade is better than sliced bread and the trade is going to the moon. There is no such thing as a sure thing. 2) I TAKE NO RESPONSIBILITY FOR YOUR TRADES. I only provide ideas and give best subjective effort on index/stock technical analysis. TA is not a science but an art that is dynamic, ever changing and in constant motion. 3) I am no self-styled guru. Accampora or Favors I AM NOT. Only an individual trying to sharpen his skills and learn from his own mistakes and learn from others willing to share their ideas or strategies. 4) I have a Bearish bent on the market right now, have been Bullish in the past and will share previous posts supporting both views. 5) I have made my share of mistakes including turning bearish too soon before turning back bullish. Now Bearish again.
RULES OF THREAD: 1) No hyping a specific stock or stock index. Trading ideas/opportunities are encouraged, but if you like a stock (say AOL) or stock index (say DOW), tell us what you like about it and why. Blatant hyping will not be tolerated and is a subjective call on part of the host. If this occurs, 1st time is private warning, 2nd is public warning on thread. 3 strikes and you are out by way of webmaster. 2) Absolutely no Bulletin Board Stocks or Penny Stock ideas or posting allowed. There are plenty of other threads to hook these speculative ideas in. No stocks under $5 dollars unless stock is listed on a major exchange (NYSE, ASE, NAZ) and has had a technical breakdown from above $10 per share. NO EXCEPTIONS. 3) BE RESPECTFUL OF ALL POSTERS. No bashing peoples ideas or opinions on the market IF THEY ARE BULLISH/BEARISH etc. 4) HAVE FUN, Be open-minded, and LEARN FROM OTHERS.
Best regards. J.T.
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