Athere any decent (and inexpensive) sites that post some of the key (but more obscure) market indicators like Ansbacher, OEX put/call and non-interest-sensitive A/D lines?
(I already know about stockcharts and I don't believe it has any of the above.)
I really appreciate the advice. I've only been at this 9 months (part time for sure) and was starved for long term swing trading approaches. IMO, most of what is out there will get you killed in tough markets like these, so it's great to talk to someone who's actually doing it.
Anyway, just...
Free cash flow, Graham/Dodd, goodwill at the expense of TA â you realize all this is blasphemy! Just kidding â Iâve got a few questions about your options strategies if you donât mind. (As youâll see, Iâm a newbie with puts and calls.)
1. It sounds like you got into MIR when the...
I'm asking cuzz this will take some mind-bending on my part: I usually only buy stocks displaying some growth and solid financials. I guess I'm looking for a new way to look at things.
ktm,
I've been evaluating your MIR example and have a couple of questions. I looked (in a cursory fashion) at MIR's financials and noticed that they have a lot of warning signs: high D/E ratio, low current ratio, low ROA, etc. And you bought them when this stock when the price was...
Thx for all the ideas.
I am wondering though if TA plays significantly into your strategy? To me it seems that TA would provide valuable estimates as to the pricing of the stock (overbought/oversold) and it's likelihood of heading up anytime soon. Or do you go strictly by QA types of...
Correction: I should have said on #1 that rather than just recoup profits, you then get pure profit since you've already broken even or better on the way down.
ktm,
2 questions if you don't mind:
1) I think I understand why you look for sector leadership, good financials, etc. since you want to make sure the stock will not completely tank. But why do you search for value using Graham/Dodd, etc? Does that help you know that a stock won't tank...
Jeez, ktm, you're gonna make me think! Thx for the info - I'm gonna study it.
As far as risk, your strategy makes complete sense to me since I assume you are risking only a relatively small part of your account per issue. For example, I think some people won't risk a large loss on one stock...
ktm,
Would you explain a little more about what you mean by "averaging" down? Is it more of an art than a science (i.e. just buy more as you see the price drop)? Or do you have any specific protocols/criterion/algorithms for this?
Because of my job I am continually developing a variety of swing trading strategies that run from 2 weeks to 3 months. I have struggled due to undercapitalization but fully believe in the long term potential. If anyone finds any sites/books that cover this type of swing trading, I'd love to...
It seems like one should be able to successfully combine some aspects of swing trading with some aspects of fundamental analysis and consistently beat the mkts. But I realize that's what many mutual fund mgrs try (very) unsuccessfully to do, but I still think it's gotta be possible:confused:
trdrmac: thx for the info. I had already discovered ishares. And I had always been turned off of closed end funds because of the premium/discount risk. However, I suppose it's minor compared with currency risks, so I'm sure I need to reconsider.
I'd like to diversify and begin to trade "overseas". I read a short article about WEBS indexes that caught my attention. (Doing any kind of a search on WEBS yields nothing useful as you can well imagine.) My "newbie" questions are:
1. Are these practical in terms of liquidity, time zone...
Wow - I had no idea what I'd start with that question!
Thanks for the info on the hedge fund industry. From the little I knew, I thought it was everything that mutual funds (which generally disgust me) weren't. I thought that the elite of the TA world worked there and brought in stellar...
All right - that does it! I've had enough school for one lifetime, thank you. so I guess I'll just have to be content with making a few million of my own $. :D