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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Clint E. who wrote (23986)10/15/1999 11:03:00 AM
From: shasta23  Read Replies (1) of 68009
 
Hi CLINT!

Nice for you to drop by to give warning. I stayed mostly in cash this time and it feels Soooooo relaxing right now. I never forget last October when you gave me some perspective and a heads up during the ultimate shake out in DELL. I needed a vacation after that day but since then never, ever let a trade get away from me that far.

You mentioned in a post that you would "fade the market". If it's something you could share i would really appreciate how you do that. I assume you do it on strong up or down days and you go the other way as soon as initial momentum stalls. I tried it in an individual stock for a scalp today and it worked but i did it without clear idea of a setup.Just got lucky!
But what do you use as indicator? Certain indicator stocks?Tick? And do you play individual stocks or do you use stuff like QQQ,SPY? or maybe both?

Any comments appreciated!

Stefan
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