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Strategies & Market Trends : DAYTRADING Fundamentals

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To: - who wrote (822)6/16/1999 1:17:00 AM
From: Teresa Lo  Read Replies (2) of 18137
 
There were some more points I was making to the "mom from school" -

7. "Why are there so many charts of the same thing on your screen?"

Because multiple time frames are really important.

8. "Huh?"

There are different waves in the market. Some are large and some are small. This is why we look at time frames like yearly, weekly, daily, hourly, etc...to see how the tide is coming in...

9. "Huh?"

Uh, think of the market as a giant babushka doll, all nestled together in a big one...and so it is with the market..."

10. "Oh, I see. I'll be back on Wednesday. Would you like me to bring you a nice short-decaf-non-fat-latte-macchiato?

No - I don't drink coffee. Thanks.
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