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Strategies & Market Trends : Let's Talk Technical Analyisis (TA)

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To: Chris who wrote (58)	11/25/2001 3:47:06 PM
From: James Strauss	Read Replies (2) of 178

Trading Against The Market... ********************************** Chris: I have found that the odds are better to trade with the prevailing trend... In up markets long... In down markets short... Using extremes, trying to counter trend trade during the last 12 to 15 months would have emptied a lot of pockets... I'd rather look for bottoms and tops and go with the prevailing trend... Right now the trend is still up from the recent lows... So, I'm long... If it reverses, I'm short... Much better odds that way... Jim

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