Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 695.17

+0.2%

Jan 12 4:00 PM EST

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To: Dr. Stoxx who wrote (8316)	6/20/2000 3:23:00 AM
From: beckya	Read Replies (1) of 39683

Thomas, I would typically like to trade in "reversal fashion" if by that you mean going long until there's a signal to go short, and so on, but it doesn't always work out that way. For instance, I sometimes have other tasks that occupy me and I don't like to leave volatile positions unattended. So I won't open a new position. Sometimes I have a few second thoughts after closing a position so I may wait awhile to go short/long. If a move gets away from me I won't chase it; I'll wait till the next signal. That's presently happening with SAWS, and it's painful! DIGL is currently puzzling me, so I'm flat there. I'm presently long BVSN @ 50.12, VTSS @ 77.25, and SNDK @ 64.81 Note the move in the semiconductor index. One can short it without an uptick. As the saying goes, "What goes up ... " 207.61.23.99 How high will it rise? BeckyA

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