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> AFCSI= Any fool can see it
LOL... usage: oxymoron perhaps?
Phsst
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> AFCSI= Any fool can see it
>
> Regards,
> Jayson
> -----Original Message-----
> From: Phsst [mailto:phsst@x...]
> Sent: Tuesday, November 18, 2003 11:38 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Re: baby and bathwater: Canon?
>
>
> Yuki,
>
> Not familiar with acronym AFCSI.
>
> Nor can I see your Cannon chart (just our ADR).
>
> But otherwise, I agree with Jim.
>
> I personally place a lot more value in conformance of Price action to
> MA and Trendline support than I do in trying to rub my eyes real hard
> so that I might make out a H&S pattern or a C&H pattern.
>
> JMO... But good fortune no matter how you play it.
>
> Phsst
>
> PS. The bounce Monday afternoon carried forward for an hour or so this
> morning & my QQQ trade worked out OK. No bounce this afternoon, so I
> don't anticipate a bounce Wed morning.
>
> --- In amibroker@xxxxxxxxxxxxxxx, Yuki Taga <yukitaga@xxxx> wrote:
> > Hi Jim,
> >
> > Wednesday, November 19, 2003, 12:17:00 PM, you wrote:
> >
> > j> Yuki, as a trader I wouldn't initiate a long position in Canon
until
> > j> it bounces off the 200 day ma (not far away)
> > j> The Nikkei is tanking again. The Dow Nas and SP500 broke down today
> > j> through their 50 day ma, and up trend lines, WITHOUT an eod rally,
> > j> IBM had the 20 day cross down through the 50 day, we just
arrested 48
> > j> traders for fraud etc etc etc...It is ugly out there....
> > j> Why don't you just cuddle up to a couple stacks of hundred dollar
> > j> bills and call it a day!
> >
> > j> I am short a semi stock, balance in cash.
> >
> > j> Regards and Good luck whatever you decide
> > j> Jim
> >
> > I am certain you are right today. ^_^ I would not take the position
> > today even if I was using TJ's money. ^^_^^ I am just sort of
> > thinking out loud and looking ahead. (We are well through the 200
> > SMA here, by the way -- which is what tempts me somewhere around
> > here. I am too wary to buy right on the 200. It's another version
> > of AFCSI.)
> >
> > Goodness we are tanking again, aren't we. Seems we have to teach
> > another generation of traders not to try and catch falling knives,
> > like they did yesterday.
> >
> > We don't use hundreds here. Ten thousands are so much more cuddly.
> > ^_-
> >
> > Best,
> >
> > Yuki
>
>
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