News Focus
News Focus
icon url

jra2

07/23/04 11:50 PM

#274448 RE: Hacktheripper #274404

Tell me a stock that is not at a critical stage .In all due respect , all of you chart readers make the rest of us laugh .Why are all of MBA chart readers out there buying daily when the so called charts are saying to "sell." Buy a good company when there is "blood"in the streets and be patient . Bste looked bad per the charts late last fall and winter and I made a great profit on its run to mid 40"s (all posted). Tasr made an excellent profit for me during June when I was purchasing in late May (all posted).OVTI,Sndk,Qlgc,etc. charts were saying buy ,do I need to tell you where they are now? It is all a game of perception and if you are patient enough to hold , you will be a winner.A recent one,CCMP charts looked real bad going into this weeks earnings ,but it has run about 6 dollars . What happened to the charts ?Do not get so technical about your positions and do what you believe is the right play at the time .My opinion only, but this chart reading sounds and makes everyone feel so educated ,but is a bunch of Crap.The market that we know today is a lot different than it was before.Jcom is being taken down with the rest of the market.One day, when you least expect it ,the "MM"S will turn this thing and cram it up the poor investors rear-end. Sorry to vent and please do not take this post personally, but yours just happened to be the first one I read tonight b/c my largest position is Jcom now so it caught my eye .
icon url

Bunny

07/24/04 11:00 AM

#274493 RE: Hacktheripper #274404

hi jeff - question...

first of all thanks for the post on the chart it's great!
~ second thanks for SHARING your knowledge ;)
~ this is a super example of the 10 MA rule

my question:
~ does this rule always apply?
~ or is this only with certain types of plays which it applies?
~ is there other factors for this rule to kick in and kick butt... ;)

thanks again jeff i will be watching this closely on my up coming plays...

hugs
sl

It's a choice...
~ KNOWLEDGE: is the key that unlocks the door to success
~ WISDOM/SUCCESS: is the person who uses the key (knowledge) to open the door.
~ FAILURE: If one doesn't seek and impliment the knowlegde ~ The door will remain nothing more than an endless brick wall... thus the energy (knowledge) becomes a mute point
~ Think, Learn, Grow, Impliment, and you will reap Sussecc in ALL that you desire.
Quote by: Laura & Lacy's Mom ;)