Comments on: Timing the Stock Market http://criticalmas.com/2009/01/timing-the-stock-market/?utm_source=rss&utm_medium=rss&utm_campaign=timing-the-stock-market Blog for Michael Allen Smith of Seattle Fri, 10 Feb 2012 17:20:48 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: MAS http://criticalmas.com/2009/01/timing-the-stock-market/#comment-1133 MAS Fri, 30 Jan 2009 16:43:21 +0000 http://criticalmas.com/?p=2113#comment-1133 Thanks for the heads up. I missed last night's video. Was too busy playing around with photo stitching. I'm going to go watch it now. 200! Thanks for the heads up. I missed last night’s video. Was too busy playing around with photo stitching. I’m going to go watch it now. 200!

]]> By: Jim http://criticalmas.com/2009/01/timing-the-stock-market/#comment-1132 Jim Fri, 30 Jan 2009 16:20:10 +0000 http://criticalmas.com/?p=2113#comment-1132 You are missing my point MAS ...I am just talking about TA as a tool (not time-frame). TA tells (or told) me the following: - The head and shoulders break around 1200 targeted ~800 (which it hit already). - The current M pattern in the S&P started back in 1994 and targets ~450. - The current plunge from Oct last year is setting up a pennant. If it breaks below 800 imminently then the target is around 200 (as per Karl in last nights video). This supports your thesis to hold your shorts. You are missing my point MAS …I am just talking about TA as a tool (not time-frame).

TA tells (or told) me the following:
- The head and shoulders break around 1200 targeted ~800 (which it hit already).
- The current M pattern in the S&P started back in 1994 and targets ~450.
- The current plunge from Oct last year is setting up a pennant. If it breaks below 800 imminently then the target is around 200 (as per Karl in last nights video).

This supports your thesis to hold your shorts.

]]> By: MAS http://criticalmas.com/2009/01/timing-the-stock-market/#comment-1130 MAS Fri, 30 Jan 2009 14:52:10 +0000 http://criticalmas.com/?p=2113#comment-1130 The take away lesson I got from Confessions of a Stock Operator was that I didn't want to do that type of trading. Maybe some day I'll get more into TA. I guess I just have trouble going long into mini-rallies when valuations are still so high. The take away lesson I got from Confessions of a Stock Operator was that I didn’t want to do that type of trading.

Maybe some day I’ll get more into TA. I guess I just have trouble going long into mini-rallies when valuations are still so high.

]]> By: Jim http://criticalmas.com/2009/01/timing-the-stock-market/#comment-1129 Jim Fri, 30 Jan 2009 06:26:43 +0000 http://criticalmas.com/?p=2113#comment-1129 Though I don't really disagree with any of your comments, TA can be applied to any timeframe (not just day trading or swing trading). I consider the economy, fundamentals and TA as three different data points that can be used for triangulation purpose. If they are all pointing the same direction ...and potentially the same target ...then I think you are more likely to make money. Though I don’t really disagree with any of your comments, TA can be applied to any timeframe (not just day trading or swing trading).

I consider the economy, fundamentals and TA as three different data points that can be used for triangulation purpose.

If they are all pointing the same direction …and potentially the same target …then I think you are more likely to make money.

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