| From: The Ox | 10/3/2012 2:07:39 PM | | | | | | I think we've seen a substantial change in the market place over the past couple of years.
Many, if not most of the traditional companies are lagging behind. They have become too massive for their own good. As they fix this, they will eventually complete the transition that most smaller companies have already gone through.
While the market is jittery and doesn't want to give credit where credit is due, many solid companies have steadily moved forward in this shaky environment. While the mo-mo crowd runs them up and down, the company continues on more or less unaffected by the traders.
I like to track the reversal watch companies. I like to take short term oversized positions and then remove my original principle. To let me "free shares" ride or keep a tight stop strategy in place. The key to this process is to be very patient. Don't guess. I'm not saying don't take a risk, as that's a necessity for trading. I'm simply stating that when one is patient, your entries have a greater chance to yield positive results.
Lastly, even though I take oversized positions, they are rarely large enough to do "serious" damage to the portfolio. I say rarely, because I still have an occasional tendency toward this type of mistake. I'm getting better at it and that's one of the reasons I'm writing this...as I try to constantly remind myself of this!! |
| | Effective Collaboration - Team Research for Better Returns: | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: The Ox | 10/4/2012 3:12:21 PM | | | | | | I think everyone who reads this thread should review the header often. I do. It's great resource. A sample and quick view to many different aspects of the markets.
I find it very interesting that many of the sector charts are still relatively sideways for the past few years, while others are in powerful bull moves. For all the negativity out there, if we can see a few more of the really influential sectors bust above their multiyear "sideways" ceilings, there would be a lot of room for the market to run.
This is not to discount the troubles out there. This is simply a visual assessment of what the charts are "saying" to this observer.... |
| | Effective Collaboration - Team Research for Better Returns: | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: robert b furman who wrote (1160) | 10/5/2012 9:37:35 AM | | From: The Ox | | | | Hi bob,
Right now, of the 2, I think INFN may be the better play. I should also say that I haven't dug into TQNT for a while. It is one of the reasons I posted the chart, to remind me to look a little deeper into them. So I could be changing my mind as I look at more data. |
| | Effective Collaboration - Team Research for Better Returns: | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| |
