Comments on: Citigroup Inc - Love/Hate Relationship

By: Digital Dude

Digital Dude — Thu, 03 Jul 2008 18:25:45 +0000

Tom,

WTF… You would fly it into the dirt? OMG…

Wow, is that what your NN and AI say to do?

Maybe I should stick with fundamental and technical analysis only and not add NN and AI after all.

Cordially,

- Digital Dude -

PS - Can you say stop? You are training your own wet work AI to do the wrong thing here…

By: Tom

Tom — Tue, 01 Jul 2008 12:58:01 +0000

Shane: Good question. My position is C is relatively tiny compared to my overall investments. I own about 300 shares of C and I would ride it lower till $1, then I’ll sell. Chances are the US gov’t will bail C out before then or some Saudia Bank will buy C up completely.

By: Shane

Shane — Tue, 01 Jul 2008 12:41:52 +0000

Tom, if C keeps getting more bad news and keeps going down, is there a price that you would sell at, or would you ride it all the way to 0?

By: Tom

Tom — Tue, 01 Jul 2008 12:29:45 +0000

accella: my cost average is around $35, lol.

By: accella

accella — Sun, 29 Jun 2008 02:36:25 +0000

Goodness gracious this has become interesting. In the hiatus, I managed to get filled on an LEH position at 21.35, rode it up and stopped out at 22.47.

To answer a pp, heck yes, I use stops. Laddered with the last line of defense high enough to cover my trading costs. Simple strategy for a simple mind. Although I wished I held tough on NUE instead of stopping out

Still afraid to bulk up on C, although this has to be the trough, no? Just curious, who here has the lowest cost average on C?

By: Tom

Tom — Fri, 21 Mar 2008 10:15:53 +0000

DD: I hardly ever use technical indicators these days, I just use my NN models to find BUY/SELL opportunities.

By: Digital Dude

Digital Dude — Thu, 20 Mar 2008 18:01:32 +0000

I could never gronk the idea of overbought or oversold…

It seems to me that all new/fresh highs or lows are…

The indicators that I have looked at which purport overbought/sold conditions do not seem to consider things like outstanding shares and float.

Maybe this is another area where AI and NNs can give us an edge

Cordially,

-Digital Dude-

By: Accella

Accella — Tue, 18 Mar 2008 12:52:09 +0000

@ Tom:

Yup. Triggered seconds before I called in to drop the stop another dollar down.

By: Sherry

Sherry — Tue, 18 Mar 2008 10:13:39 +0000

(I’ve a comment snagged by Akismet above, you can delete this one after that..)

By: Tom

Tom — Tue, 18 Mar 2008 09:50:00 +0000

Acella: Did you get stopped out? It looks like C hit $17.99 as a low

DC: Yeah I was pretty shocked to see the utter collapse of Bear Stearns but it goes to show you what can happen without a gold standard.