Options Message Board - Msg: 13775089

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Strategies & Market Trends : Options

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To: Jeffry K. Smith who wrote (7864)	5/25/2000 10:02:00 AM
From: edamo	Read Replies (2) of 8096

jeff....if you are sitting on your hands, you have learned, especially if you have preserved capital... not losing money is more important then making money.... no need to go out and enter a fray which is difficult to win....wait until the momentum is on your side, it makes the risk/reward a bit more palatable. only the foolish try to trade long in a short market. watch volume....if a confirmation of yesterday late strength fails to appear by next week, then stay on your hands..... technicals, charts, whatever are not in play at the moment...they apply a bit better in an orderly directional market....

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