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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (43685)9/28/1999 7:31:00 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Bill,
Farms are risked every time you plant a crop. You harvest months later. Our time frame is different and if you haven't already planted it maybe best to wait to see if the market gives you an opportunity. I don't think it will. It is like the flow through an expanding leak in an earthen dam. Each time we go down it seems to be on increasing volume. The dam may hold. It may not. No one knows. For sure not me!

This is not a market to trade on emotion. Emotion flows whichever way the market is moving, now. Intuition is anticipatory. If you have to, flip a coin, for every x% down the stock your trading is. Heads you hold. tails you sell.

There is no reason to be 100% out of this market, or 100% in it.

Skeet
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